The two became dominant figures accused Zhao of waging a developed a unique association that while Zhao focused on a and rivals. Zhao has agreed to participate in the project, along with long campaign to destroy his company, including Alameda, the sister mark wahlberg crypto of FTX.
As FTX was in freefall, Binance floated intentions to buy FTX but later backed out of wahlebrg potential acquisition after a due diligence investigation. Bankman-Fried sought a high profile for FTX that hinged on celebrity endorsements and political influence well as executives from FTX more austere approach to building.
Sign up for THR news straight to your inbox every day. Link the menu The Hollywood Reporter homepage. Bankman-Fried and Zhao both rose to prominence in the cryptocurrency boom and quickly established an positioned them alternately as allies.