Roubini Compares Binance CZ to North Korean Dictator Kim Jong-un

Turkish-American economist Nouriel Roubini has been in a vocal battle with Changpeng Zhao, the Chief Executive Officer (CEO) of leading digital asset service provider Binance. In his latest tweet which reeked of criticism, he compared the crypto industry juggernaut to North Korean dictator Kim Jong-un. 

“Am under twitter attack by literally 100s of @cz_binance trolls & bots! These folks are crypto terrorists! When someone criticizes them they unleash their army of trolls & bots! No wonder the @cz_binance photo looks like the one of Kim Jing-un. Is he the Manchurian Candidate?” Roubini tweeted.

Nouriel Roubini was virtually attacked by troops and bots who were trying to impersonate Zhao. These impersonators flooded his Twitter account to rain terror on the outspoken economist.

Then Zhao talks about how the crypto industry is going to bounce back after FTX collapse and the part Binance will play in all of this, Roubini claims that CZ is even shadier than the former CEO of the troubled FTX Derivatives Exchange Sam Bankman-Fried.

Roubini Says CZ, Binance is a Walking Time Bomb

Additionally, Roubini said he could not believe that Binance holds an operational license from the United Arab Emirates (UAE). Still trolling Zhao, he said at the Abu Dhabi Finance Week that Binance and other major industry players can be described as an ecosystem that is ‘totally corrupt’ and should not be allowed in the UAE region. 

He went ahead to voice out an acronym which he titled “seven Cs of crypto”: “concealed, corrupt, crooks, criminals, con men, carnival barkers, and  Changpeng Zhao.” Roubini didn’t stop there as he still pointed out that Binance had already been suspended in the United Kingdom and is currently being investigated by the United States Department of Justice for money laundering.

“He was here on this stage and has a residence in this country,” speaking of the UAE “The regulators should be thinking carefully,” Roubini said. “That’s a walking time bomb.”

Apart from its ban in the U.K, Binance is also limited in Singapore especially after the exchange withdrew its license application from the Monetary Authority of Singapore (MAS). The license application was to operate in the region as a digital payment token (DPT) service provider.