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Zenger
Zenger
Mehab Qureshi

Binance Exec Hits Back At Jim Cramer’s On-Air FTX Comparison: ‘I Hope You Have Some Evidence’

Jim Cramer Binance FTX Coinbase CNBC SEC Cryptocurrency Patrick Hillmann Crypto
Jim Cramer during Jim Cramer, host of CNBC's Mad Money, signs copies of Mad Money at Borders Books in Bridgewater, New Jersey, United States. Recently, he came under fire for his criticisms of cryptocurrency exchange platforms Binance and Coinbase. PHOTO BY BOBBY BANK/GETTY IMAGES

CNBC “Mad Money”  host Jim Cramer, on Wednesday, came under fire for his criticisms of cryptocurrency exchange platforms Binance and Coinbase. In light of the recent lawsuits filed by the Securities and Exchange Commission (SEC) against both platforms, Cramer has been heavily critical of their business practices.

Cramer on Wednesday equated the situation at Binance to Sam Bankman–Fried’s tainted FTX exchange, which has folded up due to a liquidity crisis. 

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