Binance: Accusations of owning $28 billion are unfair

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.

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.

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Ivan Danchuk
Ivan Danchuk

Hello everyone, I'm Ivan from Chernivtsi, a young man and the editor of this wonderful website. I am an active and energetic young man, always ready to spend my free time having fun and doing something useful. I also like to play sports and attend interesting events. In addition, I have broad interests in cultural and social spheres, which allows me to keep abreast of all news and events.

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