April 20, 2024

The head of Binance called Craig Wright a fraud

The head of Binance called Craig Wright a fraud

The head of the cryptocurrency exchange Binance Changpen Zhao (CZ) in his recent tweet criticized the creator of Bitcoin SV.

So CZresponded to the call of the self-proclaimed Satoshi to withdraw assets from the Binance exchange. According to the main supporter of Bitcoin SV, all funds stored on Binance are at risk.

The head of Binance called Craig Wright a fraud

Zhao called Wright a fraud and said that anyinvestments in fraud always end badly. He compared Wright's activities to the Chinese platform FCoin. Back in 2018, CZ warned that the FCoin platform – financial pyramid that is about to collapse. Zhao emphasized that he called the FCoin founder a fraud long before the incident, which resulted in investors losing about $120 million.

Binance excluded BSV from its listings back in April 2019. Then the exchange referred to the discrepancy between the coin and the internal valuation of the platform’s assets.

Although the conflict between the companies seems settled, Wright does not seem to want to stop and is making new enemies.

Let us recall that recently the creator of Ethereum Vitalik Buterin and the head of Wikipedia Jimmy Wales also criticized the Bitcoin Satoshi Vision project.