Changpeng Zhao, CEO of crypto exchange Binance, has said that the notorious crypto winter is not over yet and the coming months will not be easy.
According to Bloomberg, the message sent to the company employees reads:
“By anticipating turbulence in the next few months, we will get through this difficult period and will be stronger as we get through it.”
According to him, the industry is now experiencing a “historic moment.” At the same time, the financial strength of Binance is sufficient to “survive any crypto winter.”
He has added that the recent collapse of FTX has created “many additional reviews and difficult questions” for the company he leads.