Coinbase Denies Binance Allegations Amid Crypto Industry Tensions
Coinbase, a prominent cryptocurrency exchange, has strongly refuted claims that it was an anonymous source in a recent investigation. The dispute began when Binance founder Changpeng “CZ” Zhao amplified rumors suggesting that Coinbase may have leaked information to a news outlet, escalating tensions between the two leading exchanges in the crypto industry. The allegations are based on a report that linked Binance to a stablecoin project associated with former U.S. President Donald Trump, which CZ dismissed as a “hit piece” filled with factual inaccuracies.
The rumors were initially spread by a crypto influencer who accused Coinbase of attempting to undermine Binance by providing information to the news outlet. The influencer…
