CZ Rejects SBF’s $40M Offer to Create Futures Exchange in 2019
CZ Rejects SBF’s $40M Offer to Create Futures Exchange Binance CEO Changpeng “CZ” Zhao turned down a $40 million offer from former FTX CEO Sam Bankman-Fried in March 2019 to create a cryptocurrency futures exchange, as revealed in Michael Lewis’ book “Going Infinite.” This proposal was a departure from Binance’s existing model, which focused on…
