Binance co-founders #CZ and #YiHeBinance (Yi He ) denied rumors that the exchange is for sale, calling it competitor-driven FUD.
CZ dismissed the speculation on X, while Yi He emphasized that Binance is more focused on acquiring competitors rather than selling.
The rumors began after notable asset movements on February 11, sparking concerns about Binance’s financial health. However, Binance clarified that the shifts were routine treasury adjustments, not a sign of financial trouble.
The company reaffirmed its stability and commitment to maintaining its market position despite ongoing industry speculation.
#MileiMemeCoinControversy #GeopoliticalImpactOnBTC #AIandStablecoins $BTC