Caroline Ellison made a ‘fatal mistake’ that triggered the total collapse of FTX, Zhao says

CZ’s Memoir Reveals SBF’s Casual Plea for Billions and Early Ties to Gensler

Changpeng Zhao, the founder of Binance and one of the wealthiest figures in crypto, published his 457-page memoir Freedom of Money on Wednesday, offering the most detailed first-person account yet of the events surrounding the collapse of FTX and his own fall from the helm of the world’s largest exchange. The book’s most striking passage describes a phone call with Sam Bankman-Fried as FTX was unraveling in November 2022. According to Zhao, SBF …

Caroline Ellison made a ‘fatal mistake’ that triggered the total collapse of FTX, Zhao says

In his new memoir, Changpeng Zhao reveals he signed the FTX letter of intent as a formality and calls Caroline Ellison's $22 floor price offer a "fatal mistake."

Binance founder shares new insights on FTX collapse after re

Binance CEO Changpeng Zhao detailed his experience with the FTX collapse in a new memoir. Zhao refused to acquire FTX, citing concerns but not committing to a rescue deal. Continue Reading:Binance founder shares new insights on FTX collapse after release of memoir The post Binance founder shares new...

CZ's Memoir Reveals the Truth Behind Binance's Failed FTX Acquisition

Binance founder Changpeng Zhao, widely known as CZ, has opened up about the dramatic events surrounding FTXs collapse in November 2022 in his newly released memoir, Freedom of Money. Among the most striking revelations is how Sam Bankman-Fried casually requested billions of dollars during a phone call an ask CZ describes as shockingly nonchalant, likening it to ordering a simple sandwich. According to CZ, he never genuinely intended to follow th…