“What are the 7 C’s of crypto? Concealed. Corrupt. Crooks. Criminals. Conmen. Carnival barkers. And ultimately, CZ.”
That was famed economist Nouriel Roubini, a longtime critic of cryptocurrencies, attacking Binance founder and CEO Changpeng Zhao at Abu Dhabi Finance Week just right after the cryptocurrency executive recognized as CZ left the stage.
Roubini said he could not believe Binance has a license to work in the United Arab Emirates, noting that the company is banned in the U.K. and is less than investigation in the U.S. for money laundering. Binance on Tuesday been given a custody license and fund-administration license in Abu Dhabi.
Roubini also criticized celeb investor Kevin O’Leary, calling him a “paid hack for FTX” who he hoped CNBC would get rid of. O’Leary, who is on the ABC program “Shark Tank” and also has a new present on CNBC referred to as “Money Court,” was both of those an trader in and a compensated spokesman for FTX, the crypto company that submitted for personal bankruptcy past 7 days soon after a spectacular collapse.
Previously, Zhao experienced ongoing to make the case for additional transparency in the sector.
“What are the 7 C’s of crypto? Concealed. Corrupt. Crooks. Criminals. Conmen. Carnival barkers. And ultimately, CZ.”
That was famed economist Nouriel Roubini, a longtime critic of cryptocurrencies, attacking Binance founder and CEO Changpeng Zhao at Abu Dhabi Finance Week just right after the cryptocurrency executive recognized as CZ left the stage.
Roubini said he could not believe Binance has a license to work in the United Arab Emirates, noting that the company is banned in the U.K. and is less than investigation in the U.S. for money laundering. Binance on Tuesday been given a custody license and fund-administration license in Abu Dhabi.
Roubini also criticized celeb investor Kevin O’Leary, calling him a “paid hack for FTX” who he hoped CNBC would get rid of. O’Leary, who is on the ABC program “Shark Tank” and also has a new present on CNBC referred to as “Money Court,” was both of those an trader in and a compensated spokesman for FTX, the crypto company that submitted for personal bankruptcy past 7 days soon after a spectacular collapse.
Previously, Zhao experienced ongoing to make the case for additional transparency in the sector.
