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Binance policy head tells MPs: ‘We didn’t cause FTX crisis’
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Binance told MPs that chief executive Changpeng 'CZ' Zhao was not responsible for the crisis that engulfed FTX, a collapse that has “set the industry back a couple of years.”
Daniel Trinder, Binance's vice president of government affairs for Europe, the Middle East and North Africa, said Zhao was approached about rescuing the ailing crypto exchange, but "realised something was very wrong, and pulled out of it."
Trinder...
Read more on fnlondon.comAbout this in other media
Bank of England’s Jon Cunliffe doubles down on need for crypto regulation after FTX crisis fnlondon.com /1 year ago
Binance is Preparing to Bid for Bankrupt Lender Voyager as FTX Drops Out cryptonews.com /1 year ago
FTX crisis could extend crypto winter to the end of 2023: Report cointelegraph.com /1 year ago
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