Binance CEO calls Sam Bankman-Fried ‘one of the greatest fraudsters in history’

Binance CEO Changpeng “CZ” Zhao has branded Sam Bankman-Fried “one of the greatest fraudsters in history” upon the collapse of his FTX crypto exchange.

CZ also called Bankman-Fried a "master manipulator when it comes to media and key opinion leaders.”

CZ was giving his take in a tweet thread on some of the narratives surrounding last month’s sudden implosion.

Among them, CZ rejected claims he "destroyed" FTX with a Nov. 6 tweet that he would liquidate Binance’s holdings of the rival exchange’s native token, FTT.

“No healthy business can be destroyed by a tweet", CZ said.

Other cryptocurrency exchange CEOs have also condemned Bankman-Fried and criticised the response to FTX’s collapse.

Kraken CEO Jesse Powell called out Bankman-Fried last week following the latter’s appearance on a Twitter space, saying he was “completely full of shit about how margin trading works.”

Coinbase CEO Brian Armstrong said he finds it “baffling" that Bankman-Fried is not in custody already.

Armstrong has used the example of FTX to support his argument that there needs to be more regulatory clarity for exchanges.

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