The CEO of FTX, Sam Bankman-Fried (SBF), has spoken out in response to the accusations made by CZ, Binance. However, the global digital market has suffered due to uncertainty as a result of this conflict between the heads of crypto exchanges.
SBF noted on Twitter that a rival is attempting to attack us with untrue rumors. Binance was specifically targeted by SBF for disseminating false information.
1) A competitor is trying to go after us with false rumors.
— SBF (@SBF_FTX) November 7, 2022
FTX is fine. Assets are fine.
Details:
FTX's SBF makes sure that deposits and withdrawals go smoothly. Withdrawing traders' Bitcoin holdings presented certain challenges. However, FTX showed that the matched engine is operating without any issues.