Binance CEO Changpeng “CZ” Zhao appears to have dismissed Alameda Research’s offer to buy Binance’s FTX tokens, saying they would. “In the free market”
Zhao responded to a question on November 7th on Twitter, asking if he wouldreceiveAn Offer From Alameda Research CEO Caroline Ellison To Buy Binance’s FTT Tokens For $22 Per Token By Zhao said : “I think we should be in the free market.”
I didn’t say that. It was a question, not a commitment. I think we will stay in the free market.
We still hold LUNA (now LUNC) today.
— CZ
Binance (@cz_binance) November 7, 2022
The offer from Ellison comes after Zhao said Binance would sell the FTT due to “risk management” as part of the cryptocurrency. “Learning from LUNA” on November 6. At that time, Zhao said that hewill try to sell tokensin a way that “will reduce market impact” and said token sales will take “Two to three months to complete” as it is worth $2.1 billion equivalent.
Zhao reiterated that he was not in a “fight” with FTX or Bankman-Fried.
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