Changpeng Zhao’s tweet ‘contributed’ to break down of FTX, claims Caroline Ellison

In response to former Alameda Analysis CEO Caroline Ellison, a single tweet from Binance CEO Changpeng “CZ” Zhao contributed to the failure of cryptocurrency change FTX.

Testifying in Sam “SBF” Bankman-Fried’s legal trial on Oct. 12, Ellison reportedly positioned a part of the blame for the collapse of FTX on CZ’s social media exercise. Within the now well-known tweet on X (previously Twitter) from Nov. 6, 2022, CZ introduced that Binance could be liquidating its holdings of (FTT) “attributable to latest revelations which have got here to gentle.”

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