Summary
- Changpeng Zhao denied the recent Binance Coin (BNB) sale rumors.
- He said that all the BNB he holds were directly purchased initially and were not received as distributions.
- Changpeng Zhao emphasized that he has not sold BNB except for payments.
Changpeng Zhao (CZ), founder of Binance, rebutted rumors about selling Binance Coin (BNB).
Changpeng Zhao said on the 30th (local time) via X, "(The Binance Coin I hold) has not been sold except when used for payments." He also said, "The Binance Coin I hold was not received as distributions but was directly purchased initially."
Recently, some communities raised suspicions about Changpeng Zhao selling Binance Coin.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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