Binance CEO denies $28B wealth: ‘I don’t have anywhere near as much’
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Changpeng “CZ” Zhao, CEO of major cryptocurrency exchange Binance, claims to hold a way less net worth than reported by some mainstream media.
Binance CEO took to Twitter on April 27 to
CZ’s latest move to highlight reporting inaccuracies comes in line with the CEO’s critical stance on the way how the industry is represented in articles by mainstream media. The executive has repeatedly denied information from major mainstream sources like Bloomberg and Forbes, often characterizing their reports as FUD, or fear, uncertainty and doubt.
In late February, Binance CEO responded to an article by Forbes alleging that Binance proceeded with a “backroom maneuver” involving a $1.8 billion transaction in 2022. CZ argued that Forbes “don’t know how an exchange works.” Previously, the CEO also denied a Bloomberg report alleging that Binance was considering cutting ties with the United States business partners.
