Binance for Sale? CZ Breaks Silence on Shocking Rumors

Prominent cryptocurrency speech Binance has made headlines for a batch of reasons implicit the past fewer years. Despite facing respective trials, the level continued to stay connected top. Amidst this, quality astir the speech going for merchantability began surfacing. This disquieted the marketplace arsenic Binance is 1 of the astir salient platforms successful the ecosystem. The co-founder of the exchange, Changpeng Zhao decided to code these rumors and enactment remainder to each the chaos.

Also Read: CBDC Push successful Europe: Trump’s Tariffs Could Be Driving De-Dollarization

Binance Not For Sale

Source: Crypto News

A station connected X claimed that Binance is seeking to merchantability up its level successful airy of expanding regulatory challenges. The rumors revealed that decentralized exchanges (DEX) look to beryllium gaining crushed connected the exchange, rendering Binance’s semipermanent commercialized sustainability a problem. In addition, the accrued movements of the exchange’s assets besides caught the attraction of investors. A notable simplification successful the full Bitcoin holdings posed a problem. While this garnered steam, CZ arsenic good arsenic Yi He, the co-founders of the speech dismissed the claims.

CZ, who was besides the erstwhile CEO of Binance, promptly refuted rumors that the speech was up for sale. He restated his well-known “4” slogan successful his tweet. To enactment things successful perspective, the fig was archetypal utilized successful 2023. Following this, CZ has consistently utilized it to dispel mendacious accusation astir Binance and the larger cryptocurrency market.

4. Some lowly self-perceived rival successful Asia fudding astir Binance (CEX) for sale.

As a shareholder, Binance is not for sale.

Top investors person ever been funny successful Binance. Over time, we whitethorn let immoderate investments successful the single-digit percent range.

— CZ BNB (@cz_binance) February 17, 2025

Also Read: West’s Decline? Economic Giants to Surpass 40% GDP arsenic SWIFT Dies – Russian Official

Along with CZ, successful a caller tweet, Yi addressed the rumors and called them a competitory situation nationalist relations tactic. She pointed retired that Binance and different trading platforms person reestablished their sustainability by establishing themselves arsenic a validated concern exemplary successful the cryptocurrency market.

所以友商的危机公关策略就是批量买稿造币安的谣转移注意力？
自比特币价格突破新高，交易平台作为生态验证成立的商业模型，按照投资的头部原则，每个月都会有机构来问币安是否接受投资和合作，我们不排除引入战略合作伙伴，也开放并购，如果有其他交易平台有出售计划欢迎联系。

— Yi He (@heyibinance) February 17, 2025

What About the Reduction In Funds?

According to Binance, its cryptocurrency bags are inactive successful 1 piece. It stated that the reserve equilibrium displacement was the effect of a straightforward modification to its treasury accounting procedure. The speech said, “(It is) simply an accommodation successful the Binance treasury’s accounting process.”

Also Read: Top 3 Cryptocurrencies Predicted To Rally By More Than 100%