Flash
CZ's new book reveals the past of FTX: SBF has high emotional intelligence, but has repeatedly hired people and smeared Binan
Binan founder Zhao Changpeng (CZ) disclosed his past with FTX founder SBF in his new book "Binan Life".<br />
In the summer of 2019, only one month after FTX was launched, SBF actively sought investment. At that time, Binance CFO Zhou Wei supported the investment, and CZ finally decided to invest after FTX's valuation was lowered and a BNB for FTT proposal was proposed. However, after the investment, SBF poached Binance VIP account managers for 5 times the treatment and took away all VIP customer information, resulting in customers receiving targeted FTX discounts.<br />
CZ pointed out that SBF appears to have high emotional intelligence and promotes "effective altruism," but soon after investing, it began to speak ill of Binance everywhere in Washington. In 2021, there was even news that FTX executives had a close relationship with Michelle Bond, who had a political background. While promoting FTX, they belittled Binance. Another friend confirmed that SBF had publicly discredited Binance face-to-face at a closed-door gathering. CZ once asked SBF to stop poaching people, but the other party verbally agreed but continued to poaching people with high salaries.