FTX called out as the opposite of Bitcoin’s original vision

FTX called out as the opposite of Bitcoin’s original vision 1

Last Updated on 9 mins by cryptoevent

The world of cryptocurrency and digital assets was shaken as investors lost confidence after the FTX crash. While new and veteran traders in the industry are currently uncertain, there has been a wave of support from optimistic figures like crypto exchange Binance CEO Changpeng “CZ” Zhao.

While Binance commented that it may be looking to acquire FTX, it issued a statement saying it would not proceed with the process to buy the exchange or join forces given the “mishandled” funds and news of the investigation.

El Salvador President Nayib Bukele has commented on the saga that has unfolded amid ongoing FTX-related issues. Bukele, a well-known Bitcoin proponent, has said on Twitter that “FTX is the opposite of Bitcoin,” pointing to the original vision behind the cryptocurrency.

The post FTX, which has been heralded as the opposite of Bitcoin’s original vision, first appeared on Coin Insider.


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