Multi-million dollar transfers to CZ firms confused Catherine Coley
According to reports, $400 million was moved from Binance US’s account at Silvergate bank to CZ-controlled Merit Peak.
According to reports, $400 million was moved from Binance US’s account at Silvergate bank to CZ-controlled Merit Peak.
Justin Sun and CZ control several Chinese crypto exchanges, and their close relationship has been mutually beneficial for years.
As relations between Binance and FTX, two of the crypto space’s biggest players continue to deteriorate, we look at how things got this bad.
CZ says he’d usually address points with journalists but feels that this time he has no choice but to put his responses to the community.
Binance CEO Changpeng Zhao has been quick to rubbish claims that his company is Chinese, even labeling the suggestion as racial bias.