- Critics spread FUD about Binance, arguing that it may be about to crumble like FTX.
- One of the FUD promoters is an FTX affiliate, Adam Cochran.
- Cochran raised concerns about the Binance SAFU Fund.
Some prominent crypto community figures are again spreading fear, uncertainty, and doubt FUD about Binance. They are arguing that Binance, the largest crypto exchange, may be about to crumble like its former rival, FTX.
The FUD, this time, centers around the price of Binance Coin (BNB). Meanwhile, it has been established that one of the promoters of this panic call against Binance is from the FTX cohort. In particular, the FTX affiliate is Adam Cochran, a renowned Binance critic.
According to Cochran’s website, he has held affiliate contracts with FTX and its U.S. subsidiary, FTX US. Crypto enthusiast Lucas Alexander broke the deal to the crypto community, attracting the attention of Justin Sun, TRX founder.