1 year ago
Binance has faced a bid of antagonistic quality reports successful caller weeks. However, the cryptocurrency exchange’s leader, Changpeng Zhao, known arsenic CZ, utilized societal media to guarantee the assemblage that the reports were conscionable fear, uncertainty, and uncertainty (FUD). Despite the departure of immoderate apical executives, CZ said Binance apt has “the lowest founding squad turnover of immoderate tech startup of our size and age, successful the world.”
Binance’s CZ Refutes Negative Buzz
Binance CEO Changpeng Zhao, known arsenic CZ, addressed concerns raised by caller “FUD” headlines, assuring the assemblage that everything is nether control. Binance faces legal challenges from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Moreover, respective top executives person reportedly departed the institution successful caller weeks.
“Saw immoderate debates successful the community,” CZ said connected Thursday. “When you bash the close thing, and determination is FUD, you don’t person to bash anything. The assemblage defends you. Let maine summarize. There person been a batch of antagonistic news/rumors, slope runs, lawsuits, [the] closing of fiat channels, merchandise upwind downs, worker turnover, exit markets, etc.”
The Binance CEO added:
Guess what we don’t have? No liquidity issues. All withdrawals (and deposits) are decently handled. All lawsuit funds are SAFU, and 100% reserved. There are also: won tribunal cases, slope tally handled and past grounds deposits, caller fiat channels, creaseless sunsetting of aged products and launching of caller products, caller hires, [and] caller markets.
CZ besides noted his content that Binance apt boasts “the lowest founding squad turnover of immoderate tech startup of our size and age, successful the world.” The Binance main enforcement stated that the steadfast volition proceed to “build” portion dealing with the FUD. He also shared a Mark Twain punctuation and said, “Whenever you find yourself connected the broadside of the majority, it is clip to intermission and reflect.”
Binance and BNB proponents rallied astir and appreciated CZ’s statement, portion others remained skeptical. One idiosyncratic claimed CZ’s tech startup turnover assertion was “bold” and “inaccurate.”
What bash you deliberation astir CZ’s statements regarding the antagonistic buzz surrounding Binance? Share your thoughts and opinions astir this taxable successful the comments conception below.
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