During an ask-me-anything (AMA) session on Twitter Spaces on Nov. 14, Binance CEO Changpeng Zhao, also known as CZ, urged crypto users to take responsibility for their investment decisions and not put all of the blame on others when things go south.
“As a user, you also have responsibility — you can’t just blame all of the responsibility to other people.
The statement came in response to a question about whether Binance should reimburse users who have lost money in FTX.
Last week, Binance announced that it would be selling all of its FTT over the next few months.
At the end of his answer, CZ admitted that large, institutional investors do share some responsibility for giving credibility to FTX: “The VC [venture capital] investors, including us, why did we invest in them?
I think that accusation was actually somewhat accurate.

Source - Coin Telegraph

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