Recently CZ was interviewed by Susan from Fox Business and he was asked about his ties with China and the Chinese government. CZ confirmed that “I am a Canadian citizen for 33 years and I have no ties with the Chinese Government. His company Binance was banned and kicked out of China. He further says both his parents are Chinese and thats all about it"
CZ of Binance is often criticized as a Chinese spy or having ties with the Chinese Government. Because of his looks, he is blamed as a person with ties with the Chinese Government. Recently in light of FTX he clears the air about the truth on national television.
He mentions that Sam Bankman, former CEO of FTX who potentially frauded his investors was spreading the rumors that Binance is Chinese company and CZ is a Chinese with ties with the Chinese Government. Sam used this business tactics to lure Binance customers to FTX which appear to be a fraudulent was of spreading misinformation.
CZ, CEO of Binance is probably one of the most powerful cryto entrepreneur in the world. He has kept a very high standards based on various interviews the way he is runs his company by keeping transparency.
The fact that Sam Bankman was spreading the rumors about CZ shows that there was some kind of hate towards CZ from Sam, who is former FTX CEO.
The full interview from Susan can be found in the link below
The content of this article is based opinions of the author. The news may or may not be verified and CNB is not responsible for the accuracy.
