Binance CEO Changpeng Zhao, also known as CZ, finally broke his silence and speaks out after the FTX Collapse and the resignation for Sam Bankman-Fried. At the 4th Indonesia Fintech Summit 2022, CZ addressed how it all went down with FTX and what he believes should be next for the crypto industry.

CZ states that he has a real concern for the crypto space, although he believes what happened may be the start of something bad.

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Changpeng Zhao, commonly known as "CZ", is a Chinese-Canadian business executive. Zhao is the co-founder and CEO of Binance, the world's largest cryptocurrency exchange by trading volume as of July 2022. CZ was born in Jiangsu, China and moved to Canada at a young age with his family. He is currently based in Singapore.According to Bloomberg Billionaires Index, Zhao was ranked 30th richest in the world with a net worth estimated at $33 billion as of October 2022

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"FTX Is The START of Something BAD" - BINANCE CEO CZ Speaks out on FTX Collapse

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