Binance Exec Hits Back At Jim Cramer's On-Air FTX Comparison: 'I Hope You Have Some Evidence'
Portfolio Pulse from Mehab Qureshi
CNBC's Jim Cramer criticized Binance and Coinbase amid SEC lawsuits against both platforms, comparing Binance to the tainted FTX exchange. Binance's Chief Strategy Officer, Patrick Hillmann, challenged Cramer to provide evidence for his claims.
June 08, 2023 | 9:31 am
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Jim Cramer's criticism of Binance and Coinbase amid SEC lawsuits may cause uncertainty in the cryptocurrency market, potentially impacting Bitcoin's price.
Jim Cramer's criticism of Binance and Coinbase amid SEC lawsuits may cause uncertainty in the cryptocurrency market. This uncertainty could lead to fluctuations in the price of Bitcoin, as investors may become more cautious. However, the impact on Bitcoin's price is not guaranteed, as other factors may also influence its value.
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IMPORTANCE 60
RELEVANCE 50