CONTENT
CZ addressed recent FUD surrounding Binance, stating that while rumors haven’t affected him personally — even bringing more attention — they do harm the broader crypto market and all participants involved.
He clarified that neither he nor Binance has engaged in any “meaningful-scale” token selling. His personal sales are limited to everyday spending, such as converting a few dollars’ worth of BNB for routine purchases. According to CZ, Binance itself only converts a portion of revenue to cover operating costs and remains a long-term net holder overall.
CZ also emphasized that Binance is now subject to global regulatory oversight, with authorities able to review transactions and accounts. He urged the community not to be misled by misinformation and to focus instead on self-improvement and building constructively within the industry.
WRITER’S INTRO
