CZ responds to reserve rumors: "Binance is transparent and hides nothing" | July 4, 2025

CZ attacked the claims of trader James Wynn regarding the delay in the proof of reserves report, confirming that Binance continues to issue its reports regularly after verification.

🔹 The June report confirmed a 1:1 asset backing and a significant increase in Bitcoin holdings.

🔹 Wynn is known for controversial trades and massive losses.

🔹 CZ continues to defend Binance's reputation despite stepping away from the presidency.