{"id":437409,"date":"2023-09-08T12:19:12","date_gmt":"2023-09-08T12:19:12","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=437409"},"modified":"2023-09-08T12:19:12","modified_gmt":"2023-09-08T12:19:12","slug":"binance-ceo-changpeng-zhao-lashes-out-at-fud-over-executive-exodus-says-company-has-no-liquidity-issues","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/binance-ceo-changpeng-zhao-lashes-out-at-fud-over-executive-exodus-says-company-has-no-liquidity-issues","title":{"rendered":"Binance CEO Changpeng Zhao Lashes Out At ‘FUD’ Over Executive Exodus, Says Company Has No Liquidity Issues"},"content":{"rendered":"

Binance CEO Changpeng Zhao lashed out at negative news and rumours about the world’s biggest cryptocurrency exchange, dismissing them as “FUD” and providing an assurance that the company has no liquidity issues.<\/p>\n

His comments on the social medial platform X come as an exodus of top executives from the firm gathers pace, with four departures this week bringing the total to 10 since July. Lawsuits<\/a> brought against the firm, its exits from some markets and product closures also are behind the ‘FUD,’ he said.<\/p>\n

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Saw some debates in the community. When you do the right thing, and there is FUD, you don't have to do anything. The community defends you.<\/p>\n

Let me summarize. There have been a lot of negative news\/rumors, bank runs, lawsuits, closing of fiat channels, product wind downs,…<\/p>\n

— CZ 🔶 BNB (@cz_binance) September 7, 2023<\/a><\/p><\/blockquote>\n