Changpeng Zhao said on Twitter that after investing in FTX, he continued to conduct due diligence on FTX, and then initiated the exit process a year and a half ago because he was dissatisfied with the behavior of Sam Bankman-Fried (SBF) and Alameda. Zhao Changpeng said that SBF threatened to make Binance "pay the price" after Binance decided to withdraw, and it still retains the original threat information of SBF. Changpeng Zhao also stated that SBF then began to "invest" in the media, policy makers, and celebrities, and attacked Binance and other institutions in the industry by manipulating public opinion.