CZ says Interpol Red Notice rumors are Fud
CZ says Interpol Red Notice rumors are Fud
America's war against crypto has born, the world's largest crypto exchange. At the end of March, the Commodity Futures Trading Commission let go of a flood of accusations against Binance and CEO Changpeng Zhao.
Since then, the company's market share has been broken up by up to 16 % according to recent investigations.
On April 3, Clara Medalie, Research Director at Kaiko, reported that the global market share of Binance broke down in the first quarter.
Two important events triggered the decline: 👉 A large CFTC lawsuit - Clara Medalie (@Clara_Medalie) 3. April 2023 In addition, five days after the CFTC campaign by a law firm that represents three American investors, a new lawsuit of $ 1 billion was submitted to the company. According to the institutional blockchain data provider Kaiko, Binance remains the largest in the world with 54 % dominance. It found that the market share losses for Binance were collected by UPBIT: "Upbit is the only of 17 analyzed exchanges that take a significant share in the volume, although a large part of the recent volume on the Korean stock exchange focuses on XRP trading pairs." In addition, the excess volume of Binance has largely disappeared with the end of the free trade, the report added. On April 3, Glassnode reported that there was also an exodus from the Binance Stablecoin Busd. This is done according to an enforcement procedure against his issuer Paxos in February. Since the beginning of the year, the BusD offer has been shrunk by 55 % to around $ 7.4 billion. It also found that the total value of the Bony reserves in USD has dropped by $ 45 % or almost $ 30 billion, but has stabilized at $ 36 billion since the FTX case. However, it came to the conclusion that Binance has survived the storm so far. "Despite the developing tensions between Binance and the supervisory authorities, the platform seems to be experiencing a stable coin shuffle and remains the largest centralized stock exchange on the market." On crypto twitter, rumors have appeared that Interpol has published a “red notice” for Changpeng Zhao. A "Red Notice" is a request to the law enforcement authorities worldwide to find a person and to temporarily arrest until they are delivered, handed over or initiated a similar legal proceedings. cz replied that it was a picture processed with Photoshop, fake messages and more fork. then how fud then begins ... 3. April 2023 .
👉The end of its toll-free trading program pic.twitter.com/lxqv8Z0QDM Binance fights the fud-fire
cz interpol fud