CZ denies owning 90% of Binance shares: Shocking truth in the cryptocurrency world
CZ, the founder of the world's largest cryptocurrency exchange, has just posted a correction on the social platform X in response to circulating information within the community. He asserts that he does not own 90% of Binance shares as some rumors have suggested.
At the same time, CZ denied graduating from McGill University. He shared that he dropped out when he was a final year student to pursue a career in technology and cryptocurrency, aiming to take advantage of the growing wave of the decentralized market.
Later, CZ completed his degree through a distance learning program, primarily to make it easier to apply for a work visa abroad. This information refutes the misleading stories about his educational background.
These official statements help reinforce transparency in the cryptocurrency investment community, limit FUD (fear, uncertainty, and doubt), and reflect efforts to control the source of personal information in the decentralized space.