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Benzinga
Benzinga
Business
Chris Katje

Analysis: A Tweet Just Cost Investors $153 Billion — How CZ May Have Tanked FTX, Crypto Before Acquisition

Changpeng Zhao FTX Binance CZ Sam Bankman-Fried Crypto Cryptocurrency United States FTT FTXCOM

A feud between Sam Bankman-Fried and Changpeng Zhao is wreaking havoc on the cryptocurrency market over the last 24 hours.

While there could be numerous reasons for the crash and why Zhao decided to sell a token linked to Bankman-Fried’s FTX, a deleted tweet could hold some answers.

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