Binance CEO Denies Selling Bitcoin: 'We Even Still Have A Bag Of FTT'
Portfolio Pulse from Mehab Qureshi
Binance CEO Changpeng Zhao denies selling Bitcoin and BNB, stating that the company still holds FTT. This comes amid a legal dispute with the SEC over allegations of violations at Binance.US, which may result in a full asset freeze on its US operations.
June 14, 2023 | 5:21 am
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NEUTRAL IMPACT
Binance CEO denies selling Bitcoin, while the company faces a legal dispute with the SEC over Binance.US violations. This may impact Bitcoin's price in the short term.
Binance is the world's largest cryptocurrency exchange, and any news related to its operations can have an impact on the market. However, the denial of selling Bitcoin by the CEO may not have a significant impact on its price. The ongoing legal dispute with the SEC over Binance.US violations may create uncertainty in the market, but it is unclear how this will affect Bitcoin's price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80