Former Benance CEO Changpeng ‘CZ’ Jhao and co-founder Yi denying rumors that Binens would be sold to another company, stating that they were created by the contestants.
recently PostYi addressed rumors in the Crypto community that a cryptocurrency exchange was negotiating a sale.
He said that those rumors are untrue and simply “public relations strategy of our rivals”, who pays news outlets to write baseless rumors about Benance to divert the market attention, especially after Bitcoin (BTC) a new Hit high.
“After the principle of leading investment, every month there will be institutions that ask Benance whether it accepts investment and cooperation. We do not deny the introduction of strategic partners and are open to merger and acquisition, “Yi explained in his post.
Shortly after Yi’s post, CZ said in a conversation, saying that some small -scale competitive in Asia was doing a disturbance about Benance, when there was actually “not for sale”.
On the other hand, YI also used the opportunity to explain that Binance is open to the merger and acquisition of other trading platforms that want to sell their firms.
In an article portion shared by one of the users, although the source is not clear, it is said that the banns is going to be sold to a decentralized Crypto Exchange as it claims that the exchange “cannot maintain its above tendency Is.” However, traders on X are still unable to reduce which article the article is referred to.
“If there are other trading platforms with sales plans, please feel free to contact us,” Yi said.
On 11 February, American Judge Amy Burman Jackson of Columbia district approved a joint proposal for 60-day stagnation filed by SEC, Benance and former CEO Changpeng “CZ” Jhao. According to the documents filed in the court, SEC’s Crypto Task Force can aid in “potential solution of the case”.
Earlier this month, VI said the Crypto Exchange conducted more than 120 internal audit checks with US law coordinators, resulting in 60 employees to violate the company’s policies. The co-founder of the Benance revealed that there are at least two ongoing cases and prosecution.
