Changpeng Zhao (CZ), CEO of Binance, the world’s largest cryptocurrency exchange, once again denied the allegations of the US Securities and Exchange Commission (SEC).
Binance CEO CZ denied another claim submitted by the SEC to the ongoing case and has been frequently launched to the market in recent days. CZ is at the center of the allegations Binance’s US arm, Binance.US operating as a holding group BAM Management‘from $250 million It was claimed that he took a loan.
Share the image of the news about the subject on social media. in the statement CZ, who was present, stated that this transaction took place in the exact opposite way as described and that he informed BAM Management gave a loan of 250 million dollars he declared. However, CZ gives haven’t gotten the debt back yet reminded:
Some more incorrect information. They misunderstand the direction of the transaction. A while ago I lent $250 million to BAM, not the other way around. However, I still have not received this debt back.
At the beginning of this week Binance.US Details of the case between the SEC and the SEC were shared with the public. There were many allegations against Binance.US in the shared documents and major allegations It has already been denied by CZ.
Binance.US’ cryptocurrency custody wallet amid SEC allegations Ceffu or Binance Custody The place it used to move the assets of US customers abroad had exceeded.
In another recent statement, the CEO said that Binance.US is launching a company called Ceffu or Binance Custody.never used laundering wallets and all these rumors totally fake He stated that he was.
The news containing the allegations in question was published after CZ’s post. has been updated and edited.