Binance CEO CZ Clarifies Reasons Behind Recent FUD Surrounding the Exchange  – This is What he Said

26 Dec 2022 02:35 AM

By Ruholamin Haqshanas

Binance CEO Changpeng “CZ” Zhao has recently taken to Twitter to share what he thinks might be the reasons for the recent fear, uncertainty, and doubt (FUD) surrounding the crypto exchange.

In a lengthy Twitter thread on Saturday, CZ shared nine potential reasons behind the recent FUD, all of which are external factors. 

In the first place, CZ claimed that some simply attack Binance because they are not fond of centralization and centralized platforms. "Regardless if a CEX helps with crypto adoption at a faster rate, they just hate CEX," he said. 

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