The chief executive officer of the Binance crypto exchange explained the whole problem that exchange & he is facing because of his identity as a Chinese person.
Changpeng Zhao is the founder and CEO of Binance exchange. Binance is a first-ranked crypto exchange in the crypto industry. Many times, critics targeted Binance exchange as a Chinese crypto platform and claimed that Binance is an illegal platform designed in China, even though Binance was launched in 2017 as a non-Chinese platform by Zhao.
On 1 September, Binance exchange responded to the critics & rumors via a blog post and denied all the allegations.
Who Is Guanying Chen, and Is Binance a “Chinese Company”? | Binance Blog https://t.co/sz9wJfXqNH
— CZ
Binance (@cz_binance) September 1, 2022
Binance (@cz_binance)
As per allegations, Guangying Chen is an important player in the ownership of Binance exchange & Bijie Tech, a company founded by Zhao in 2015.
Binance CEO Zhao said that Chen is his colleague and he met her via his other friend and also she worked as an employment officer manager at Binance & Bijie Tech companies.
Few websites allege that Chen holds 93% shares in both companies of Zhao, on this Binance CEO said that all these are only rumors and part of the negative campaigns which were initiated by his rival companies via anonymous websites.
Further on Binance as a Chinese company, Zhao strongly denied this allegation and said that he & his company are facing some hurdles because of the Chinese government.
Zhao said:
“The greatest challenge that Binance faces today is that we (and every other offshore exchange) have been designated a criminal entity in China. At the same time, our opposition in the west bends over backward to paint us as a ‘Chinese company.’”
Zhao admitted that ethnically he & some of his employees are Chinese and these facts are helpful for those media & opponents to criticize Binance as a Chinese company.
“We have ethnically Chinese employees, and perhaps because I am ethnically Chinese, we are secretly in the pocket of the Chinese government.”
It is worth noting that, when Binance vs Indian crypto exchange WazirX ownership conflict was in critical phase then at that time many Indian crypto Investors criticized the Binance exchange as a Chinese exchange and also favored the side of WazirX CEO Nischal Shetty and suggested not to hand over full power in the hand of Binance exchange.
Read also: Helium will shift to Solana blockchain & may not use its native blockchain
We have ethnically Chinese employees, so we’re secretly in the pocket of Chinese govt, Binance CEO
https://bitcoinik.com/we-have-ethnically-chinese-employees-so-were-secretly-in-the-pocket-of-chinese-govt-binance-ceo/feed/
https://bitcoinik.com/we-have-ethnically-chinese-employees-so-were-secretly-in-the-pocket-of-chinese-govt-binance-ceo/feed/
🚀🚀Get ready for the biggest ICO of 2022.
✅ICO Round 1 & 2 are Sold Out
✅ICO= Initial Coin Offering. Where you can purchase tokens at base price.
✅ICO has different rounds with different price.
✅Round-1 price: $0.0005 (Sold Out)
✅Round-2 price: $0.001 (Sold Out)
✅Round-3 price: $0.002
✅Round-4 price: $0.004
✅Round-5 price: $0.008
👉ICO will be finished on September 15, 2022.
👉Trading will start after ICO completion.
🚀🚀EXCHANGE LISTING PRICE: $0.02 per KST. That is 40x than ICO Round-1 (Seed round)🚀🚀
👩🏻💻For more details pls read pdf in marketing tools section in dashboard.
#koinswap #kst #nft #metaverse #blockchain
𝙍𝙀𝙂𝙄𝙎𝙏𝙍𝘼𝙏𝙄𝙊𝙉 𝙇𝙄𝙉𝙆👇🏽
https://koinswap.io/register?referralcode=CFxqfP
▬▬▬▬▬▬▬▬▬▬▬▬▬▬
THIS IS A LIFE CHANGING OPPORTUNITY
*REGISTER N VERIFY UR MAIL N GET 1000 COIN FOR FREE*
TODAY KOINSWAP IS GIVING US 1000 COIN FREE BUT NO ONE CARE TO TAKE IT
👇👇👇👇👇👇
https://koinswap.io/register?referralcode=CFxqfP
JOIN THE GROUP FOR MORE UPDATES
https://chat.whatsapp.com/BGUVkqhI6mg1p9XdJXzBwl
In 2009 you missed# BITCOIN
2014 you missed# DOGE
2015 you missed# XRP
2016 you missed# ETH
2017 you missed# ADA
2018 you missed# BNB
2019 you missed# LINK
2020 you missed# DOT
2021 you missed# SHIBA
https://koinswap.io/register?referralcode=CFxqfP
—————————————————————————————————————————————-
Risk Reminder:
Trading foreign exchange and/or contracts for differences on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could sustain a loss in excess of your deposited funds.
Before deciding to trade the products reviewed by Cryptonews24.eu, you should carefully consider your objectives, financial situation, needs and level of experience.
You should be aware of all the risks associated with trading on margin.
Cryptonews24.eu provides general news and advice that does not consider your objectives, financial situation or needs.
The content of this website must not be construed as personal advice.
Cryptonews24.eu recommends you seek advice from a separate financial advisor.
Nothing on this website should be considered financial advice.
This website is for informational purposes only and you should not rely on anything that is printed or said on this website to make any financial decisions.
