CZ Calls SBF One of the “Greatest Fraudsters in History” and a “Master Manipulator”
In a series of tweets, Binance CEO has called Sam Bankman-Fried one of the “greatest fraudsters in history” and also “a master manipulator.”
On Tuesday, Changpeng Zhao (CZ) wrote down a list of wrong narratives that has been built around him during the recent collapse of FTX.
He particularly insisted that neither he, nor anyone else, was behind the FTX collapse. “No, FTX killed themselves (and their users) because they stole billions of dollars of user funds. Period,” he said.
He also touched on another controversial point. SBF, who has been more present in the media as of late, has been claiming that he just made a mistake by not being very careful. However, CZ denied this possibility, claiming that he did not have good intentions.
Furthermore, CZ denied the allegation that he “destroyed” FTX with his tweet. “No healthy business can be destroyed by a tweet. However, there was a tweet that may have, Caroline’s tweet 16 minutes after mine on Nov 6. Data shows it was the real cause for people to dump FTT,” CZ said, hinting at a Bloomberg article that analyzed the FTT crash.
CZ also noted that SBF has been trying to portray a narrative painting him and other people as the “bad guys,” which maintaining the fantasy that he was a “hero.”
“SBF is one of the greatest fraudsters in history, he is also a master manipulator when it comes to media and key opinion leaders,” CZ said.
As reported, lawmakers’ lack of seriousness in their probe into FTX and its leaders has attracted the ire of crypto community members who believe that Bankman-Fried, who has allegedly misappropriated billions of dollars from customers, is getting away with one of the largest frauds in history with little to no scrutiny.
SBF has recently started showing up in the media more often. Just over the weekend, he appeared in two popular crypto podcasts, where he “got grilled” with some tough questions about the collapse of FTX — unveiling more dark truths about the CEO.
Specifically, SBF backed off his claims about potential investment offers in the cryptocurrency exchange that came right after he filed for bankruptcy. “I don’t know for sure,” SBF said when asked if he really received a $4 billion funding offer after the bankruptcy filing.
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