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This article has been updated to include comments from currency dot com
Binance CEO Changpeng Zhao has pointed out that his cryptocurrency exchange has never competed with FTX.
CZ, CEO of crypto exchange Binance, answered a number of questions about his company and FTX. A recent interview with CNBC.
last week, Reuters releases newsan Iranian company claims to have traded $8 billion on Binance despite sanctions.When asked about Binance and its role in helping Iranian companies launder money, CZ said: said to
“First of all, the report written by Reuters is incorrect. It was provided to Reuters by a website called Currency.com. Currency.com was once a Russian-owned website. Currency.com believes it has given Reuters access to a platform that provides incorrect data.
CZ added: binance Monitor transactions using all industry platforms such as Chainalysis and Elliptic. These are the same tools used by law enforcement agencies. He said Binance believes its practices comply with industry requirements.
Popular Economist Nouriel Roubini Attacks Binance and CZ in a recent interviewfollowing him, calling it a “walking time bomb” FTX CollapseCZ replied that Roubini is trying to gain popularity by attacking others.
CZ was also asked about comments made by Sam Bankman-Fried, who said he regretted taking part in the fight against Binance’s CEO that led to the collapse of the FTX exchange. I answered.
We never fought him. You might think he was fighting us, but we didnt realize. I’ve heard concerns that is badmouthing us behind our backs just said i don’t want to get involved i just want to let go of the stock part and i did that a year and a half ago .”
As part of the transaction, Binance received several FTT tokens and CZ said his company wants to sell the tokens according to CoinDesk reports. He concluded:
We have never been against them. Even if you pull away, you’re only going to grow 1% or 0.1%, but if you can grow your industry, you can increase your user base by 5x, 10x, or even 100x. We are focused on growing the crypto market with our exchanges.
Binance maintains its reputation as a leading crypto exchange and currently $10 billion+ process in daily trading volume.
A Currency.com spokesperson provided the following comment to Coinjournal:
We would like to confirm that Currency.com has no exposure to any of the FTT tokens or FTX exchanges. No part of Currency.com is owned by any of the crypto exchanges FTX or its affiliated entities, including Alameda. or has never been owned.Research.Currency.com does not offer FTT tokens, FTX’s native token, on its platform.We continue to operate as usual and our clients continue to You can make deposits and withdrawals.Currency.com has never paid or encouraged the media to publish articles related to cryptocurrency exchange Binance.
