X @Wu Blockchain
Wu Blockchain·2026-02-15 19:00
CZ: Recalling the Decision to Exit FTX Investment in 2021On Feb 10, 2026, CZ discussed the 2021 FTX exit on the All-In Podcast. He cited SBF's Washington comments and 5x salary offers to VIP managers as reasons.Despite holding veto rights, CZ chose to divest, finalizing the deal in July 2021—1.5 years before the crisis. He emphasized that as a passive investor with competing futures platforms, he did not review financial statements and was unaware of internal issues.Source: https://t.co/H5plmylofC ...