$BNB
CZ responds firmly to rumors of selling coins by Binance!
Is buying coffee with 5 dollars worth of BNB really a 'confirmation of selling'?
On January 30th, Binance founder CZ published a statement addressing various negative rumors surrounding Binance. He directly stated that these rumors have no impact on him and have instead drawn more attention to him, but such misinformation could harm the entire crypto market, causing losses for all participants.
CZ clearly said that he and Binance have not engaged in large-scale selling of coins; the so-called personal sales are at most just regular consumption, like exchanging about 5 dollars worth of BNB for cash, such as using it to buy a cup of coffee. He also emphasized that although he no longer directly manages Binance, to his knowledge, Binance only exchanges a portion of its income for operating funds, while overall, it still holds coins and continues to accumulate them.
Additionally, CZ mentioned that now Binance is under the watch of global regulatory agencies, and every transaction and account on the platform can be reviewed. He urged users not to be misled by rumors and instead focus on improving themselves and engaging in activities that have a positive impact on the market.
