Changpeng Zhao, who is widely known within the Crypto community as CZ, a co -founder of Binance and its former executive director, who had to resign from the clash with the American authorities, published a tweet, and revealed some interesting details about the book he was writing.
CZ accidentally shared them as it comments on the possible relationship between FTX, 3AC and Depeg from Terra’s UST Stablecoin and a UST and Luna accident that followed in May 2022.
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CZ comments on the possible link between FTX and Terra Crash
Zhao commented on the X Publishing published by Crodite Mbottjer FTX. He released a topic on the bankruptcy box, which requires Three Arrows Capital (3AC) compensation of $ 1.58 billion in Exchange FTX, claiming that she has liquidated its assets. The claim was submitted through the court and approved by the judge.
“3AC says it has recently discovered evidence that FTX has filtered $ 1.53 billion of 3AC assets just two weeks before 3ac itself in the liquidation.”
Changing Zhao responded to this tweet, noting that it was a “exciting conversion” and was news of CZ. Then he asked if there was any link between FTX and the collapse of the Luna and Ust Stablecoin code that was launched by Terraform Labs. This event happened in May 2022 and the price of bitcoin was shattered along with the rest of the encryption market.
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Details of the future CZ book on this
When a commentator indicated that “the whole thing is G deserves a great documentary series,” Check replied that he was thinking about this incident and the potential link of FTX and Sam Bankman to that when writing his book: “I was thinking about this when writing this section of the book.”
However, CZ admitted that because he had not found any difficult evidence of this relationship, he did not want any speculation in the book: “I didn’t want to speculate; there were rumors, but I did not see strong evidence.”
As I mentioned earlier, Chic Times said that he wrote a book of 114,000 words and obtained a printed draft on paper. It is expected to take it “another 3x voltage” to rewrite it.
