Former FTX chief executive officer Sam Bankman-Fried used Twitter and other means to spread "fake rumors" about Binance chief executive officer Changpeng Zhao, according to Patrick Hillmann.
In an April 21 Twitter thread, Hillmann — the chief strategy officer at Binance — said Bankman-Fried used his influence to label CZ as an 'evil Chinese' through “fake rumors” to perpetuate his alleged scams at FTX. Prior to and following FTX filing for bankruptcy in November 2022, SBF and CZ’s public relationship was often antagonistic though the two exchanges had financial ties.