The CEO of Binance, CZ, has denied a report published by Bloomberg on Nov. 21 that he was seeking investment for an industry recovery fund. CZ took to Twitter to succinctly confirm that the report was “false.”
Klaidingas
- CZ 🔶 Binance (@cz_binance) Lapkritis 22, 2022
The Bloomberg article stated that “Changpeng.
“CZ” Zhao and several deputies met with investors in Abu Dhabi last week in an effort to raise cash for a crypto industry recovery fund, according to people familiar with the matter.”
However, given that CZ has now denied that he spoke with investors regarding the new recovery fund, it appears that the report may have misrepresented the Binance CEO after he attended the recent Milken Institute Middle East and Africa Summit on Nov. 17. CZ lives in Dubai which is just an hour away from Abu Dhabi.
According to Bloomberg, a Binance representative stated that CZ’s meetings focused on “global regulatory matters.”
“CZ’s meetings in Abu Dhabi were all focused on general global regulatory matters — specifically how Middle Eastern regulators could lead the globe by exploring more aggressive proof of custody requirements for crypto exchanges,”
CZ confirmed the existence of a global crypto recovery fund on Nov. 14.
Siekdama sumažinti tolesnį pakopinį neigiamą FTX poveikį, „Binance“ formuoja pramonės atkūrimo fondą, kad padėtų projektams, kurie kitu atveju yra stiprūs, bet patiria likvidumo krizę. Daugiau informacijos – netrukus. Tuo tarpu susisiekite su Binance Labs, jei manote, kad atitinkate reikalavimus. 1/2
- CZ 🔶 Binance (@cz_binance) Lapkritis 14, 2022
CZ turi pažymėti that “most journalists at Bloomberg are good, but Binance has run into issues with Bloomberg in the past. It filed a ieškinys against the organization in July 2022. CZ teigė, that Bloomberg
“will do a nice profile piece on you, invite you for photoshoots, etc. Then switches the story last minute. Ignore all positive comments they got from 3rd parties. Picked only old negatives. And still puts you on the cover.”
Source: https://cryptoslate.com/binance-cz-denies-bloomberg-report-of-abu-dhabi-fundraising-attempt/