Binance CEO Changpeng Zhao (CZ) recently discussed his decision to exit Binance's investment in FTX during a February 10, 2026, appearance on the All-In Podcast. CZ highlighted that comments made by FTX founder Sam Bankman-Fried in Washington and the offering of salaries five times higher to VIP managers were key factors influencing his decision. Despite having veto rights, CZ opted to divest, completing the transaction in July 2021, well before FTX's subsequent crisis. CZ clarified that as a passive investor with interests in competing futures platforms, he did not examine FTX's financial statements and was unaware of any internal issues. This strategic move occurred 1.5 years prior to FTX's collapse, underscoring CZ's proactive approach in managing Binance's investment portfolio.
CZ Reflects on Strategic Exit from FTX Investment in 2021
This content is for informational purposes only and does not constitute investment advice.
SuperEx Popular Science Articles Column
This collection features informative articles about SuperEx, aiming to simplify complex cryptocurrency concepts for a wider audience. It covers the basics of trading, blockchain technology, and the features of the SuperEx platform. Through easy-to-understand content, it helps users navigate the world of digital assets with confidence and clarity.
Unstaked related news and market dynamics research
Unstaked (UNSD) is a blockchain platform integrating AI agents for automated community engagement and social media interactions. Its native token supports governance, staking, and ecosystem features. This special feature explores Unstaked’s market updates, token dynamics, and platform development.
XRP News and Research
This series focuses on XRP, covering the latest news, market dynamics, and in-depth research. Featured analysis includes price trends, regulatory developments, and ecosystem growth, providing a clear overview of XRP's position and potential in the cryptocurrency market.
How do beginners trade options?How does option trading work?
This special feature introduces the fundamentals of options trading for beginners, explaining how options work, their main types, and the mechanics behind trading them. It also explores key strategies, potential risks, and practical tips, helping readers build a clear foundation to approach the options market with confidence.
What are the risks of investing in cryptocurrency?
This special feature covers the risks of investing in cryptocurrency, explaining common challenges such as market volatility, security vulnerabilities, regulatory uncertainties, and potential scams. It also provides analysis of risk management strategies and mitigation techniques, helping readers gain a clear understanding of how to navigate the crypto market safely.