SBF tried to destabilize the crypto market to save FTX: report by Cointelegraph

Executives and Binance CEO Changpeng “CZ” Zhao Sam Bankman-Fried (SBF), the former CEO of FTX, is concerned that he is trying to disrupt the crypto market with the aim of saving the now bankrupt exchange. basis For reports on December 9.

The Signal Group discussion “Exchange Coordination” seen by the Wall Street Journal shows a debate between CZ and SBF on November 10 about Tether’s stablecoin USDT. Signal team members include Kraken co-founder Jesse Powell, Paolo Arduino, Tether’s chief technology officer, and others.