On November 10, CZ took to Twitter to clarify the online misinformation after Billionaire Mike Novogratz, a supporter of the Terra (LUNA) ecosystem before its collapse, suggested that El Salvador owned Bitcoin on FTX during an interview with CNBC’s Squawk Box: In response, CZ exposed the misinformation and disclosed his messages with the President from earlier today (November 10):

Bitcoin community fights back against Novogratz 

It’s worth mentioning that these comments did not go down well with other crypto community members like Stacey Herbert from the ‘Max & Stacey report‘ tweeting Squawk Box needs to correct the statement. A short while afterward, Novogratz hurriedly extended his apologies to President Buckle as well as the citizens of El Salvador, stating he fell for the ‘fake news’, and added, “while I mentioned I hadn’t confirmed it, I should have.” Meanwhile, despite being hampered by the ongoing debacle surrounding FTX, Bitcoin (BTC) has managed to rebound, adding $15 billion in 15 minutes after the new U.S. Consumer Price Index (CPI) report revealed better results for October than previously expected, stopping the decline of the largest digital asset. Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.