A few days before Binance CEO Changpeng Zhao came live on CNBC program Squawk Box. Reacting to this Neil Jacobs today tweeted “Holy Sh*t!”. With these, he also asked the people to get their bitcoins off from Binance.
Along with this, he included a part of the interview in which Changpeng Zhao can be seen speaking about the company’s goal of being transparent and stepping the golden standards of reliability and solidness.
He further added that the company is financially strong and would be able to pay $2.1 billion if required. Stating that even after the drop in FTT prices the flagship has $580 million worth of its shares.
Hiding his liabilities, he added that crypto changes should hold user assets one-on-one and that Binance owes anyones money or provides loans to anyone.
How people reacted to the post?
One of the users Stacey Boyle replied she didn’t have confidence in the exchange but after this interview, it made her, even less confident. While another user Sunny Po Replied that “CZ is one of the earliest entrants of the trust me bro ecosystem. He will die last. Like the USD.”
