The CEO of Binance shared his perspective on the recent fear, uncertainty, and doubt surrounding the exchange.
his perspective on the reasons behind the recent fear, uncertainty, and doubt surrounding the crypto exchange.
One of the reasons mentioned by the CEO was that part of the crypto community hates centralization."Regardless if a CEX helps with crypto adoption at a faster rate, they just hate CEX," he noted. McCaffrey stepped down as CEO on Dec. 9, after disclosing two loans totaling $27 million from the hedge fund part of FTX Group.CZ repeatedly cited media outlets' coverage as the cause of FUD, accusing some of being"paid" to produce it - without providing any evidence.
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