Changpeng Zhao (CZ), CEO of Binance, one of the giants of the cryptocurrency world, made a remarkable statement on his Twitter account with the latest developments. CZ shook the agenda by making a statement about Atlas Climate Token (ATLAS), the latest project of economist Nouriel Roubini, who is well known to the crypto community. Here are the details of this incident and CZ’s reaction.
Use of ATLAS Token and Misleading Logo
Nouriel Roubini recently announced a crypto project called Atlas Climate Token (ATLAS). However, ATLAS Token was promoted on the official website using the Binance logo, as if it had a connection with Binance. While this situation caused surprise within the crypto community, the magnitude of the incident is better understood, considering Roubini’s previous criticisms against Binance.
CZ’s reaction
Binance founder CZ reacted harshly to this situation. In his statement on his Twitter account, he said: “SOME PEOPLE ARE NOT SHAMED. After publicly attacking Binance a year ago, he is now issuing a token and putting the Binance logo on websites WITHOUT permission.”
Other Great Logos
ATLAS Token’s official website includes not only the Binance logo but also the logos of major organizations such as the IMF, BlackRock and Goldman Sachs. It is clear that such misleading advertisements can mislead investors and undermine trust in projects.
In conclusion, honesty and transparency are always important in the crypto world. This incident reminds us once again of the potential risks of misleading advertising and misinformation. As Kriptokoin.com, we recommend our readers to carefully research each project before making their investments and to stay away from fake partnerships. Maintaining trust in the cryptocurrency world is the responsibility of every investor.