Binance’s CZ Asks Employees Not to Trade FTT While FTX Deal Is Pending

[Google News Bot]

Binance CEO Changpeng “CZ” Zhao urged employees not to trade FTT tokens while due diligence is ongoing in Binance’s deal to acquire competitor FTX. “As soon as I finished the call with SBF yesterday, I asked our team to stop selling as an organization,” he wrote. “Yes, we have a bag. But that’s ok. More importantly, we need to hold ourselves to a higher standard than even in banks.” Zhao posted a screenshot of a note sent to all Binance employees on Twitter Wednesday morning after a copy was shared with The Financial Times. On Tuesday, Zhao and ...

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