CZ called SBF a “fraudster” and “unhinged”
SBF said that CZ won and that there’s “no need to lie”
Friday Twitter fight between Changpeng (CZ) Zhao of Binance and Sam (SBF) Bankman-Fried revealed how the two became rivals.
In a fiery Twitter thread, CZ branded the former Bankman-Fried as a “fraudster.” He also revealed details about FTX’s buyout of Binance’s stake in the company. He said SBF was “unhinged” after Binance pulled out of its FTX investment.
The former FTX CEO claimed that CZ was lying about the deal. According to SBF, FTX initiated the buyout. He also said that Binance “threatened to walk at the last minute” without an additional $75 million.
“You won. There’s no need to lie, now, about the buyout,” SBF said.
‘O’Leary Aligned with a Fraudster’
The firestorm started when CZ responded to a Thursday interview with former FTX spokesperson Kevin O’Leary. In the interview, O’Leary suggested that Binance had issues
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