BlockBeats News, January 30th, Binance founder CZ responded to recent FUD surrounding Binance, stating that the negative rumors did not affect him personally, but rather brought more attention. However, FUD can harm the entire market, affecting all participants.CZ stated that neither he nor Binance engaged in any "meaningful" selling, and any personal sales were limited to daily expenses, such as using around $5 worth of BNB when swiping a card to buy coffee. He emphasized that although he no longer directly manages Binance, to his knowledge, Binance only converts some income to fiat to cover operational expenses, remaining an "overall long net buyer of coins."Furthermore, CZ pointed out that Binance currently has global regulatory oversight, able to review every trade and account on the platform, urging users not to be misled and to focus on self-improvement and constructive activities.

#CZ #BNB