CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’ – Bitcoin News

November 9, 2022
in Bitcoin
Reading Time: 5 mins read
A A
0
Amid the FTX Confusion, Whistleblower Edward Snowden Says ‘Custodial Exchanges Were a Mistake’ – Bitcoin News
0
SHARES
10
VIEWS
ShareShareShareShareShare

Whistleblower and former NSA contractor, Edward Snowden, has been very vocal about the crypto economy in recent times. After publishing a copy of Bitcoin’s white paper on Twitter on the document’s 14th birthday, Snowden had some words with Craig Wright, the man who claims to be Satoshi Nakamoto. Following the news tied to the troubled crypto exchange FTX, Snowden added his two cents and said “custodial exchanges were a mistake.”

After Feuding With the Self-Proclaimed Satoshi, Edward Snowden Blasts Troubled Crypto Exchange FTX and Sam Bankman-Fried’s Now-Deleted Tweets

Edward Snowden has been tweeting often about the crypto sector and on Oct. 31, 2022, the whistleblower published a copy of Bitcoin’s white paper on the document’s 14th anniversary. While the tweet received over 46,000 likes and close to 10,000 retweets, it started an online tiff between Snowden and Craig Wright.

Snowden’s tweets are why I am on Twitter 🤣 https://t.co/1pBlEORKFo

— Shashank Bhardwaj (@bhardwajshash) November 9, 2022

The man who claims to be Satoshi replied to Snowden’s tweet, and said: “I was never anonymous you traitorous scum.” But Snowden fired back at Wright and explained how Wright lost his recent lawsuit against Hodlnaut.

“While we’re playing the memory game, the next time you want to tell Twitter you were never anonymous, try and keep your story straight, you miserable corncob,” Snowden said to Wright. Snowden further shared a picture of a blog post Wright wrote back when he first came out, that said: “I believed that I could put the years of anonymity and hiding behind me.”

Following the news stemming from Binance detailing it will acquire FTX, Snowden told his 5.4 million Twitter followers that “custodial exchanges were a mistake.” Furthermore, Snowden has been highlighting Sam Bankman-Fried’s now-deleted tweets that said: “A competitor is trying to go after us with false rumors. FTX is fine. Assets are fine.” While the tweets explained that FTX assets were fine, Bankman-Fried has removed the tweets from the web.

“And they call me a criminal,” Snowden wrote while sharing an image of Bankman-Fried’s now-deleted tweets. Snowden also shared a picture of Bankman-Fried’s appearance on stage with a number of Democratic leaders like Bill Clinton. Bankman-Fried was the second largest donor to the Democratic party in the 2022 midterms, and the exchange CEO promised to donate roughly $1 billion in 2024.

After Snowden’s criticism, Binance officially backed out of the deal to acquire FTX on Wednesday afternoon.

Tags in this story
14th anniversary, Bankman-Fried, Binance, Binance FTX, Centralized Exchanges, Craig Wright, custodial exchanges, Deleted Tweets, Democratic donor, democratic party, Edward Snowden, ftx, FTX troubles, mistake, Sam Bankman-Fried, snowden, Snowden Tweets, Twitter, whistleblower, Whistleblower Edward Snowden, White Paper

What do you think about the whistleblower Edward Snowden’s recent commentary about the crypto industry and his recent online tiff with Craig Wright? Do you agree with Snowden that custodial exchanges were a mistake? Let us know what you think about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.




Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

More Popular News

In Case You Missed It


Credit: Source link

RELATED POSTS

G20 Backs Clear Regulatory Pathways for Digital Asset Growth

French Hill Highlights CLARITY Act as 2026 Passage Odds Hit 15%

Record Squeeze Drives Bitcoin Price Rally, But $83K Resistance Looms

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

US Regulators Probing FTX and Alameda Research Over Potential Mishandling of Customer Funds: Report

Next Post

Changpeng Zhao Reveals Internal Note to Binance Employees, Says FTX Takeover Agreement Wasn’t Planned

Related Posts

G20 Backs Clear Regulatory Pathways for Digital Asset Growth
Bitcoin

G20 Backs Clear Regulatory Pathways for Digital Asset Growth

September 3, 2026
French Hill Highlights CLARITY Act as 2026 Passage Odds Hit 15%
Bitcoin

French Hill Highlights CLARITY Act as 2026 Passage Odds Hit 15%

September 3, 2026
Record Squeeze Drives Bitcoin Price Rally, But $83K Resistance Looms
Bitcoin

Record Squeeze Drives Bitcoin Price Rally, But $83K Resistance Looms

September 2, 2026
Next Post
Changpeng Zhao Reveals Internal Note to Binance Employees, Says FTX Takeover Agreement Wasn’t Planned

Changpeng Zhao Reveals Internal Note to Binance Employees, Says FTX Takeover Agreement Wasn’t Planned

Binance Halts Derivatives Products for Users in Italy, Germany, and the Netherlands

Binance Tops up Its Insurance Fund to $1 Billion Following FTX Crash

Recommended Stories

XRP is rising, but leveraged funds just built their biggest short

XRP is rising, but leveraged funds just built their biggest short

August 31, 2026
Bitcoin Price Predictions Pit $400K Bulls Against $10K Bears

Bitcoin Price Predictions Pit $400K Bulls Against $10K Bears

September 1, 2026
Crypto Platforms Suffer $3,630,000,000 in Crypto Losses as Audited Platforms Suffer Heavily: Report

Crypto Platforms Suffer $3,630,000,000 in Crypto Losses as Audited Platforms Suffer Heavily: Report

August 31, 2026

Popular Stories

  • Binance.US to Establish Office in Portals, the Metaverse Platform on the Solana Blockchain

    Binance OTC Sees Evolving Role in Crypto Trading Services

    0 shares
    Share 0 Tweet 0
  • Which Is Better for Active Traders?

    0 shares
    Share 0 Tweet 0
  • CLARITY Act Odds Stay Buried as Senate Showdown Closes In

    0 shares
    Share 0 Tweet 0
  • Bitcoin, Ethereum, Tron, and Cardano Tell Four Very Different Stories Through Active Addresses

    0 shares
    Share 0 Tweet 0
  • Russia opens digital ruble access to customers Sept. 1

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • G20 Backs Clear Regulatory Pathways for Digital Asset Growth
  • How stablecoins are quietly becoming the Fed’s debt buyer of last resort
  • NVIDIA Q2 FY27 Revenue Hits $96B, Boosts SMH ETF Outlook

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.