Binance co-founders CZ and Yi He have firmly denied speculation that the exchange is for sale, attributing the rumors to competitor-driven FUD (Fear, Uncertainty, and Doubt).
🔹 On Feb. 17, CZ took to X to reject the claims, asserting that Binance is financially stable.
🔹 Yi He reinforced this, suggesting Binance is more likely to acquire competitors than sell itself.
🔹 The rumors stemmed from a notable asset shift on Feb. 11, which sparked concerns about Binance’s financial health.
🔹 Binance clarified that the movement was merely an internal treasury adjustment and not a sign of distress.
Despite ongoing industry speculation, Binance maintains its market dominance and continues to operate as usual.
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