Born in China, Changpeng Zhao became an expert in computer science. He worked on trading software, including for the Tokyo Stock Exchange. In 2013, he moved into crypto, launching Binance four years later. Early on, Changpeng Zhao repeatedly insisted that the company had “no fixed headquarters.” Staff worked out of Shanghai and Tokyo, but were warned not to wear Binance-branded clothing to the office or reveal where they worked on LinkedIn.
FTX was the 'New American Corvette' of the crypto world, with the most popular sponsors, and the highest rate of crypto user growth. Millions of Americans, even droves of hedge funds including Galois Capital, held their crypto capital with FTX.
A week ago, Changpeng Zhao became in receipt of leaked financial information of Alameda, the umbrella firm of FTX. The financials revealed that Alameda applied heavy collateral valuations to its FTT token, which had a $5.82 Billion collective valuation.
How Changpeng Zhao came to be in receipt of that information remains a mystery.
Beginning on America's election day, and perhaps as-ordered, Changpeng Zhao began selling FTX's native FTT token with intent to devalue it and destroy FTX. Today, it was revealed that Ukraine Military funds [belonging to U.S. taxpayers] that were sent by the U.S. to Ukraine's Government, were being held in FTX for the purpose of “transacting NFT's”. And today, it was further revealed that FTX and other U.S.-based crypto firms were being hacked with cyberattacks.
The next day, after the financial attack by Changpeng Zhao, China's president ordered its army to prepare for all-out war; the Chinese president telling his people, “prepare now to fight and win.” On the same day, U.S. Navy admirals revealed intel, showing that China could invade Taiwan this year, i.e., within the next six weeks.
So, the valid question remains: Is China behind this financial attack on U.S. markets? Is China trying to crash the U.S. stock market as a tactical-warfare step prior to their already-planned invasion of Taiwan?
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