Binance CEO Changpeng “CZ” Zhao has accused Iranian-American economist Nouriel Roubini, also known as Dr. Doom, of using the Binance logo without permission calling him “shameless”.
Nouriel Roubini had always criticized Binance CEO and crypto, believing it as a scam. However, he has issued a security token.
Binance CEO CZ Calls Economist Nouriel Roubini “Shameless”
Binance CEO “CZ” took to X calling economist Nouriel Roubini “shameless” for using the Binance logo on his website despite accusing Binance CEO of market manipulation during the FTX crisis.
“Some people are shameless. After attacking Binance publicly on stage a year ago, now issues a token and puts Binance logo on their website WITHOUT permission.”
Nouriel Roubini calls Binance CEO as a walking time bomb after the collapse of FTX that triggered massive liquidation in the crypto market and bankruptcies. He criticized the crypto market too, considering it a scam. He believes 99% of crypto are scams and lacks any fundamental value.
However, Nouriel Roubini is now helping develop a tokenized financial instrument aiming to act as an alternative to the U.S. dollar.
Crypto Market Moves Towards Mainstream Adoption
With traditional financial giants including BlackRock, Fidelity Investments, and Invesco considering crypto adoption with spot Bitcoin ETF, institutional investors and family offices look to invest in Bitcoin.
Paul Brody, global blockchain leader at Ernst & Young, said there’s so much demand for cryptocurrencies, especially Bitcoin from retail and institutional investors.
US Congress is also planning a crypto regulatory framework for the industry in the U.S., but the SEC’s approach towards crypto industry has slowed down discussion on crypto regulation.
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