Wu Blockchain (@WuBlockchain): In his latest autobiography, CZ discusses SBF:
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In his latest autobiography, CZ discusses SBF: In 2022, on the eve of FTX's collapse, CZ considered rescuing FTX. However, when he discovered that SBF's team couldn't even produce a complete balance sheet within 24h, he gave up. He believes SBF's business logic wasn't based on product competition, but rather on skillfully using political lobbying and regulatory maneuvering to undermine competitors. https://x.com/cz_binance/status/2041687406802284699