Binance CEO predicts the collapse of many cryptocurrencies

Many cryptocurrency companies may go bankrupt in the near future, according to Changpeng Zhao, CEO of the Binance exchange.
According to him, the market entered a crisis phase after FTX filed for bankruptcy in the U.S.. In addition, last Friday, the post of CEO of this cryptocurrency exchange left Sam Beckman-Fried, according to Reuters.
According to Changpeng Zhao, we are witnessing a difficult period that can be compared to the global financial turmoil caused by the collapse of Lehman in 2008.

Leave a Comment