
On Nov. 6, Binance CEO Changpeng “CZ” Zhao, the founder of the world's largest crypto exchange by trading volume, wrote a cryptic tweet.
"We gave support before, but we won't pretend to make love after divorce," he wrote, after declaring he would sell a pile of FTT, the in-house token created by rival exchange FTX and its founder, Sam Bankman-Fried. "We are not against anyone. But we won't support people who lobby against other industry players behind their backs. Onwards."