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

1 year ago

Amid the FTX Confusion, Whistleblower Edward Snowden Says 'Custodial Exchanges Were a Mistake'

Whistleblower and erstwhile NSA contractor, Edward Snowden, has been precise vocal astir the crypto system successful caller times. After publishing a transcript of Bitcoin’s achromatic insubstantial connected Twitter connected the document’s 14th birthday, Snowden had immoderate words with Craig Wright, the antheral who claims to beryllium Satoshi Nakamoto. Following the quality tied to the troubled crypto speech FTX, Snowden added his 2 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 astir the crypto assemblage and connected Oct. 31, 2022, the whistleblower published a copy of Bitcoin’s achromatic insubstantial connected the document’s 14th anniversary. While the tweet received implicit 46,000 likes and adjacent to 10,000 retweets, it started an online tiff betwixt Snowden and Craig Wright.

Snowden's tweets are wherefore I americium connected Twitter 🤣 https://t.co/1pBlEORKFo

— Shashank Bhardwaj (@bhardwajshash) November 9, 2022

The antheral who claims to beryllium Satoshi replied to Snowden’s tweet, and said: “I was ne'er anonymous you traitorous scum.” But Snowden fired back astatine Wright and explained however Wright mislaid his caller suit against Hodlnaut.

“While we’re playing the representation game, the adjacent clip you privation to archer Twitter you were ne'er anonymous, effort and support your communicative straight, you miserable corncob,” Snowden said to Wright. Snowden further shared a representation of a blog station Wright wrote backmost erstwhile helium archetypal came out, that said: “I believed that I could enactment the years of anonymity and hiding down me.”

Following the quality stemming from Binance detailing it volition acquire FTX, Snowden told his 5.4 cardinal Twitter followers that “custodial exchanges were a mistake.” Furthermore, Snowden has been highlighting Sam Bankman-Fried’s now-deleted tweets that said: “A rival is trying to spell aft america with mendacious 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 telephone maine a criminal,” Snowden wrote portion sharing an representation of Bankman-Fried’s now-deleted tweets. Snowden besides shared a picture of Bankman-Fried’s quality connected signifier with a fig of Democratic leaders similar Bill Clinton. Bankman-Fried was the second largest donor to the Democratic enactment successful the 2022 midterms, and the speech CEO promised to donate astir $1 cardinal successful 2024.

After Snowden’s criticism, Binance officially backed retired of the deal to get FTX connected Wednesday afternoon.

What bash you deliberation astir the whistleblower Edward Snowden’s caller commentary astir the crypto manufacture and his caller online tiff with Craig Wright? Do you hold with Snowden that custodial exchanges were a mistake? Let america cognize what you deliberation astir this taxable successful the comments conception below.

Jamie Redman

Jamie Redman is the News Lead astatine Bitcoin.com News and a fiscal tech writer surviving successful Florida. Redman has been an progressive subordinate of the cryptocurrency assemblage since 2011. He has a passionateness for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written much than 6,000 articles for Bitcoin.com News astir the disruptive protocols emerging today.

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