Binance CEO Zhao Changpeng (CZ) criticized economist Nouriel Roubini, also known as the “Dr. Doom,” on social media for his repeated public attacks on Binance and cryptocurrencies, while shamelessly issuing his own token named Atlas Climate Token (ACT) and using Binance exchange’s logo on the website without authorization. According to information obtained from Zombit, the project is actually called Atlas and aims to create a globally accessible stablecoin linked to a carefully selected portfolio of liquid assets using machine learning and artificial intelligence to provide ordinary investors with optimal inflation-resistant returns.
The project’s official website states that it includes former Binance Senior Vice President and Global Product Manager Mayur Kamat as a team member, which is why Binance’s logo is displayed on the team page.