Sunday, November 27, 2022
 

CZ Slams Economic Prof Nouriel Roubini, Calls Him Disrespectful

  • Detractors are trying to paint Binance’s CEO negatively after the FTX collapse.
  • An economics professor called Binance and its CEO a walking time bomb.
  • Binance’s CEO responded that people who focus on negative energy never make it far in life.

Reportedly, some critics have been attempting to paint Changpeng Zhao (CZ), the CEO of Binance, negatively after the collapse of the once-second-largest crypto exchange FTX.

In a recent economic forum, economics professor Nouriel Roubini alleged that Binance and its CEO were a walking time bomb. Roubini also claimed that the UK authorities banned Binance while being investigated by the US Justice Department for $8 billion in money laundering.

However, CEO Zhao responded to the professor while fielding questions from CNBC journalists at another economic forum. He said the exchange cares less about what critics say, adding that most are trying hard to get famous by attacking other people. In his words:

“People who focus on negative energy never make it far in life as they’ll generally stay poor.”

Professor Roubini had asked the UAE authorities to withdraw Binance’s operating license and kick the business and its CEO out of the country. In response, CZ called Roubini disrespectful for suggesting who a country should kick out being a guest in the country. The CEO further argued that Binance was the most crypto-licensed exchange globally, with multiple permits in the US and many other countries.

Furthermore, the CEO clarified that Binance was only yet to secure regulatory approval from the UK government, not that they were banned from operating in the United Kingdom.

On the other hand, verified Twitter user @KimDotcom, with over one million followers, has been making FUD calls against the Binance CEO. According to them, Binance had a role in FTX’s collapse.

They also added that based on insider information, “it was either FTX or Binance going down — a story about power, hubris, greed, and survival.”

  • Detractors are trying to paint Binance’s CEO negatively after the FTX collapse.
  • An economics professor called Binance and its CEO a walking time bomb.
  • Binance’s CEO responded that people who focus on negative energy never make it far in life.

Reportedly, some critics have been attempting to paint Changpeng Zhao (CZ), the CEO of Binance, negatively after the collapse of the once-second-largest crypto exchange FTX.

In a recent economic forum, economics professor Nouriel Roubini alleged that Binance and its CEO were a walking time bomb. Roubini also claimed that the UK authorities banned Binance while being investigated by the US Justice Department for $8 billion in money laundering.

However, CEO Zhao responded to the professor while fielding questions from CNBC journalists at another economic forum. He said the exchange cares less about what critics say, adding that most are trying hard to get famous by attacking other people. In his words:

“People who focus on negative energy never make it far in life as they’ll generally stay poor.”

Professor Roubini had asked the UAE authorities to withdraw Binance’s operating license and kick the business and its CEO out of the country. In response, CZ called Roubini disrespectful for suggesting who a country should kick out being a guest in the country. The CEO further argued that Binance was the most crypto-licensed exchange globally, with multiple permits in the US and many other countries.

Furthermore, the CEO clarified that Binance was only yet to secure regulatory approval from the UK government, not that they were banned from operating in the United Kingdom.

On the other hand, verified Twitter user @KimDotcom, with over one million followers, has been making FUD calls against the Binance CEO. According to them, Binance had a role in FTX’s collapse.

They also added that based on insider information, “it was either FTX or Binance going down — a story about power, hubris, greed, and survival.”

 

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