Binance Chief Strategy Officer and company spokesperson Patrick Hillmann, CEO Changpeng He explained that Zhao (CZ) had traveled to the United States, but this was not made public.
twitter Binance’s company spokesperson, who responded to questions from Patrick HillmanCZ’s to the USA He said he was traveling but did not make it public because the firm was unable to market to US customers. FTX founder Sam Bankman-Fried (SBF) About a month ago, he made statements that CZ would not be able to travel to the USA. But it seems that contrary to all these rhetoric, CZ did not have any problems with his trip to the USA.
Another remarkable point announced by Hillmann was Binance’s words about its registered location. The company currently Cayman Islandsthat it is registered in will be updated soon Hillmann, who stated, aroused curiosity.
While the speculations between the USA and Binance continued, the news that the authorities were divided into two in an investigation and that a lawsuit could be filed against Binance or CEO CZ created an atmosphere of panic. One day after this panic, while net outflows increased on Binance, withdrawals for stablecoin USD Coin (USDC) were temporarily suspended and reopened shortly after. CZ said the last surge “just normal market behavior” he had clarified.
On the other hand, CEO CZ said in a speech on Twitter on Wednesday, “We keep user assets one-to-one” and “No withdrawals that could put us under pressure” made statements.