Binance CEO `CZ' Zhao on FTX Fallout: No One Can Protect a Bad Player

Binance Holdings Ltd. Chief Executive Officer Changpeng "CZ" Zhao discusses how to rebuild trust in the crypto space following the collapse of Sam Bankman-Fried's FTX.com. Binance tentatively agreed to buy FTX.com amid the exchange's liquidity crunch, but backed out of the deal last week following a short period of due diligence.