Changpeng Zhao Says ‘Fudders FUD’ And Binance ‘Buys’ As Crypto Exchange Grapples With Insolvency Buzz Online
Cryptocurrency behemoth Binance (CRYPTO: BNB) on Wednesday denied issuing any legal threats against an individual who alleged the cryptocurrency exchange was insolvent and played a part in the October crypto flash crash.
An X user, going by the pseudonym Lewsiphur, said they received a cease-and-desist notice from Binance, a day after accusing the world’s largest cryptocurrency exchange of insolvency and being “solely responsible” for the Oct. 10 event that triggered the cryptocurrency market’s largest-ever liquidation.
“I really want to expose everything I was told from credible resources but I can’t risk a legal battle,” Lewsiphur said.
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