At Binance’s first Greek summit, CEO Changpeng Zhao accepted an exclusive interview with Greece, and he said that Greece is a very important market. But currently Binance does not have a local team.
When it came to the FTX issue, Changpeng Zhao did not disclose what was said on the phone with SBF, only that the “special call was short and if a person was already on his way to prison, he would do anything to lie and scam more money”.
In addition, Changpeng Zhao believes that Binance’s proof of asset reserves is “much better than traditional banks, we need to become more transparent, to prove reserves, to do more checks”. But when talking about Binance launching a $1 billion industry recovery fund, Changpeng Zhao disagreed with the media calling it the cryptocurrency savior, saying: “I have something to say about this. First of all, I don’t think the industry needs a bailout. Cryptocurrency No need for a bailout, only a few projects may need a bailout, but most of them are actually fine. Also, the number of affected users is not that high.”