CZ refutes rumors that Binance BTC and BNB sold

CZ refutes rumors that Binance BTC and BNB sold

Changpeng Zhao (CZ), CEO von Binance, has refuted rumors on Twitter that his crypto exchange sold its crypto stocks, including BTC and BNB.

There was numerous speculations on social media. Some claimed that the company was involved in considerable sales of digital assets. However, Zhao exposed the rumors and said that Binance did not sell BTC or BNB and still have a bag of ftt-tokens.

cz refers to rumors as "fud"

The bony boss also expressed his surprise that some people solely on the basis of a price diagram in which millions of dealers were involved could conclude which individual or community had sold cryptocurrencies. He also described the rumors as "fud", which indicates that it was unfounded attempts to create a negative mood around Binance.

4. Binance has neither sold BTC nor BNB. We even have a bag of ftt.

It is astonishing that you can know exactly who sold using a price diagram in which millions of dealers are involved. Fud. 🤷‍♂️ pic.twitter.com/m3muh2Bfre

- cz 🔶 binance (@cz_binance) 13. June 2023

The statement of CZ triggered reactions in the crypto community. Some said that rumors were looking for ways to use Fud to manipulate the market for their own advantage.

Binance is before official examination

BTC remained relatively unchanged on Wednesday, since even the announcement of the US VPI was not decisive to reduce the price of $ 26,000. BNB, on the other hand, rose the day after the news that Binance. Us will remain in the possession of the customer's crypto stands in the course of the ongoing legal dispute with the supervisory authorities, by 6 % to $ 24.

This was done after the commission had requested an order to freeze the assets when the commission had been submitted, on the grounds that this would prevent the waste of funds.

remember that the US stock exchange supervisory authority Securities and Exchange Commission (SEC) accused the American branch of Binance to violate securities laws and to have extensively extended access to customer funds. According to the lawsuit, the violations include the mismanagement of customer funds and the deception of supervisory authorities and investors. Binance decidedly rejected these claims.

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