Binance CEO Changpeng Zhao shared his views on the increasingly fud news lately on social media.
CZ touched on the increasing BUSD crisis and the Fud news from the popular crypto exchange Binance, especially in recent days. Responding to statements from Forbes, CZ said, “They don’t know how a crypto exchange works.” He switched to the hedge status for Fud news published about Binance using the phrase.
CZ Continues to Respond to Binance Biased Claims
With the FTX crash last year, Forbes had Binance on its radar. Forbes, which specifically touched on the trading and withdrawal transactions on the Binance platform, also published articles on the subject.
Forbes made many claims in the series of articles it published in response to Binance on Twitter. Forbes has brought forward one more of the claims it has published. The claim he focuses on most is that Binance has transferred $1.8 billion in stablecoins to hedge funds such as Tron, Amber Group, and Alameda Research since August 17 last year.
CZ continues to respond to the ongoing discussions on social media platforms. CZ continues to give a “don’t worry” message to investors, especially focusing on Fud news.
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