Binance: Accusations of owning $28 billion are unfair
Ivan Danchuk- 1 min
The head of the cryptocurrency exchange Binance, Changpeng Zhao, has a net worth of $28 billion, according to a list of new financial tycoons compiled by Bloomberg. Despite this, CZ himself denies this data, calling it “too high.” It is worth emphasizing that Binance is one of the largest crypto exchanges in the world and has a significant impact on the cryptocurrency market.
- According to the list, Changpeng Zhao has become the most vexatious financial tycoon in China and the third in the world after Citadel founder Ken Griffin and Susquehanna chairman Jeff Yass. At the same time, CZ denied these figures in a tweet, saying they were too high and based on assumptions rather than facts.
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Numbers all wrong. I don’t have anywhere near as much. Don’t know why they do this. 🤷♂️
Also, never viewed FTX as a rival. We welcome more (well run) exchanges in the space. pic.twitter.com/xfa31RZp7t
— CZ 🔶 Binance (@cz_binance) April 27, 2023
Despite CZ’s denials, he is one of the most well-known and influential figures in the crypto sphere, who embodies his vision of the future of finance in blockchain technologies and cryptocurrencies. His statements and actions have a great impact on the cryptocurrency market and its regulation in different countries of the world.
Source : Bloomberg.com
