Dubai

Elon Musk

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 <p>Also Read: <strong>FTX Seeks Dubai Unit’s Bankruptcy Dismissal And Settlements Ahead Of FTX 2.0 Launch</strong></p>  
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 <p>In a latest, the <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a> CEO flagged an old tweet from billionaire Elon Musk about Semafor. Meanwhile, it remains to be seen if the US DOJ officials would deliver an official communication about the fraud charges on the exchange, if at all the development is true. Interestingly, the report on Wednesday said the Justice Department officials are wary of a run on the platform if it takes action.</p> 
 <h2 id="cz-retweets-elon-musk-s-2022-statement">CZ Retweets Elon Musk’s 2022 Statement</h2> 
 <p>CZ retweeted a November 2022 tweet that highlighted Sam Bankman-Fried’s investment in Semafor. This was just around the time when the FTX collapse unfolded, taking the <a rel="noopener noreferrer nofollow" title="Crypto Market" href="https://thebittimes.com/tag/crypto-market.html">Crypto Market</a> by a storm with millions of dollars in losses for thousands of users. The tweet from Musk said,</p>  
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 <p>“Semafor is owned by SBF. This is a massive conflict of interest in your reporting.”</p>  
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 <p><img decoding="async" class="aligncenter size-full wp-image-155864" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201556%201022'%3E%3C/svg%3E" alt="Binance" width="1556" height="1022" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/03/abfc026106697a024b8b2c6ccadedf28.webp"> 
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  </noscript></p> 
 <p>On the other side, <a rel="noopener noreferrer nofollow" title="Binance" href="https://thebittimes.com/tag/binance.html">Binance</a>, the world’s largest <a rel="noopener noreferrer nofollow" title="Crypto exchange" href="https://thebittimes.com/tag/crypto-exchange.html">Crypto exchange</a> by trading volume, had recently recorded 150 million in registered users across the world.</p> 
 <p>Also Read: <strong>Early Terra Luna Classic Developers Seek Return To Revive LUNC &amp; USTC To $1</strong></p> 
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Binance CEO Flags Conflict Of Interest On US DOJ Charges News

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