Today, alluding to the investment relationship Binance and FTX had (which ended in 2021), SBF wrote: “You threatened to walk at the last minute if we didn't kick in an extra ~$75m.” 

“We did it anyway because this just made us feel more confident we didn’t want Binance on our cap table. But again, none of this is necessary. You won. Why are you lying about this now?”

CZ responded with, “No one won.” He said that Binance pulled out of its investment in 2021 because it was “increasingly uncomfortable” with the relationship Alameda Research, a trading desk also founded by SBF, had with sister company FTX. CZ claimed “Sam was so unhinged” when they pulled out and “threatened” to make them pay. 

He also accused SBF of using his network of diverse investments “to manipulate public opinion, including attacking me and others in the industry."