Talk:Changpeng Zhao: Difference between revisions
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Need a section that describes Zhao's hand in destroying its competitor FTX exchange. Zhao was given FTT tokens in payment for the sale of his stake in FTX. Zhao dumped his holdings of FTT after hearing of SBFs lobbying efforts against Zhao. When Zhao dumped his FTT, it caused the token to lose 90% of its value. FTX kept FTT as an asset on its books and borrowed against it, thus triggering margin calls and liquidity crises ...and a possible bankruptcy of filing FTX. [[Special:Contributions/2600:6C56:6408:71:7972:A701:AB23:86C|2600:6C56:6408:71:7972:A701:AB23:86C]] ([[User talk:2600:6C56:6408:71:7972:A701:AB23:86C|talk]]) 05:44, 10 November 2022 (UTC) |
Need a section that describes Zhao's hand in destroying its competitor FTX exchange. Zhao was given FTT tokens in payment for the sale of his stake in FTX. Zhao dumped his holdings of FTT after hearing of SBFs lobbying efforts against Zhao. When Zhao dumped his FTT, it caused the token to lose 90% of its value. FTX kept FTT as an asset on its books and borrowed against it, thus triggering margin calls and liquidity crises ...and a possible bankruptcy of filing FTX. [[Special:Contributions/2600:6C56:6408:71:7972:A701:AB23:86C|2600:6C56:6408:71:7972:A701:AB23:86C]] ([[User talk:2600:6C56:6408:71:7972:A701:AB23:86C|talk]]) 05:44, 10 November 2022 (UTC) |
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:Agreed. Zhao's dumping FTT (and his tweets about it) directly led to the FTX house of cards collapsing. He singlehandedly started a "bank run' on FTT. [[User:Enigmaman|<b style="color: blue;">Enigma</b>]]<sup>[[User talk:Enigmaman|<i style="color: #FFA500;">msg</i>]]</sup> 18:20, 7 December 2022 (UTC) |
Revision as of 18:20, 7 December 2022
A fact from Changpeng Zhao appeared on Wikipedia's Main Page in the Did you know column on 9 June 2018 (check views). The text of the entry was as follows:
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Wiki Education Foundation-supported course assignment
This article was the subject of a Wiki Education Foundation-supported course assignment, between 4 October 2021 and 9 December 2021. Further details are available on the course page. Student editor(s): Bl2240, Sleep by 11. Peer reviewers: Sleep by 11.
Above undated message substituted from Template:Dashboard.wikiedu.org assignment by PrimeBOT (talk) 18:50, 17 January 2022 (UTC)
PP
@User456541: why did you remove PP? FYI, this article is subject to WP:GS/Crypto. Thanks! Jtbobwaysf (talk) 19:49, 30 August 2020 (UTC)
Resignation from OKCoin
It's quite well-known that Zhao resigned from OKCoin in February 2015 (and a scandal followed), but unfortunately none of the mainstream English-language media covered that at the time, while CoinTelegraph, CoinDesk, CCN etc. (as well as blogs) aren't accepted as reliable sources on living persons' articles. If someone finds a source on language other than English (Chinese?), please add it. Ain92 (talk) 09:18, 5 May 2021 (UTC)
Contributed to collapse of FX exchange
Need a section that describes Zhao's hand in destroying its competitor FTX exchange. Zhao was given FTT tokens in payment for the sale of his stake in FTX. Zhao dumped his holdings of FTT after hearing of SBFs lobbying efforts against Zhao. When Zhao dumped his FTT, it caused the token to lose 90% of its value. FTX kept FTT as an asset on its books and borrowed against it, thus triggering margin calls and liquidity crises ...and a possible bankruptcy of filing FTX. 2600:6C56:6408:71:7972:A701:AB23:86C (talk) 05:44, 10 November 2022 (UTC)
- Agreed. Zhao's dumping FTT (and his tweets about it) directly led to the FTX house of cards collapsing. He singlehandedly started a "bank run' on FTT. Enigmamsg 18:20, 7 December 2022 (UTC)
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