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When Binance CEO Admitted Months Ago that None Of The Assets Binance Holds Are Stable
#binace #cz #crypto #ftx
Binance has published a lengthy statement in response to “recent media and community questions” regarding the company’s financial health in the wake of the collapse of rival crypto exchange FTX.
The firm wrote that it “does not need” to disclose detailed information on its financial status since it isn’t a publicly traded company. Binance added that it is self-sufficient and “financially healthy,” with “no external financing needs and external investors, and no intention to go public at this stage.”
In an extensive conversation with Dan Roberts and Stacy Elliott, Binance CEO CZ talks global and US regulation, Binance HQ locations, crypto bailouts and how he approaches deals, the sports marketing push by big crypto exchanges and why Binance went slower, and why he believes we live in a simulation.
Watch Full Episode here
https://decrypt.co/117801/binance-responds-to-fud-a-healthy-company-will-not-be-destroyed-by-a-tweet
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