Changpeng Zhao, often called CZ, publicly rejected rumors linking Binance to a so-called “Covid crash” narrative tied to BitMEX, in line with a latest put up on his official X account. Within the assertion, CZ addressed hypothesis circulating in crypto circles and denied the claims straight.
The dialogue facilities on allegations suggesting Binance performed a task in occasions related to a previous market downturn typically labeled the “Covid crash.” CZ dismissed the narrative, pushing again towards what he described as unfounded rumors connecting Binance to BitMEX-related turmoil. His feedback reply to renewed chatter throughout the trade, the place historic market volatility is being reexamined and reassigned blame. The clarification is related for market contributors involved about reputational threat and the accuracy of claims spreading throughout social media.
CZ’s put up didn’t point out any additional motion past correcting the document, however it alerts Binance’s intent to counter misinformation swiftly. Observers will probably monitor whether or not further statements or proof emerge as the controversy continues throughout the crypto neighborhood.
Supply: CZ on X
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