Binance CEO Says No ‘Master Plan’ To Take Over FTX, Issues Warning ‘ DO NOT Trade FTT Tokens’

Binance CEO Changpeng Zhao on Wednesday asserted he did not “master plan” the deal with FTX and the failure of Sam Bankman-Fried’s cryptocurrency exchange was in no way a win for the world’s largest digital assets exchange. In an internal note written to Binance employees reviewed by Benzinga, Zhao also warned against buying or selling FTX Tokens (CRYPTO: FTT) and that after his call with Bankman-Fried, he ordered his team to sell the tokens as a company.