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Binance is Bidding $1 billion Fund To Purchase Distressed Assets – Says CEO Changpeng Zhao!

Published by
Qadir AK

CEO Changpeng “CZ” Zhao ( @cz_binance ), who is considering a bid for assets of bankrupt crypto firm Voyager, said on @BloombergTV his company is mistakenly believed to be Chinese “because I look Chinese”. “Binance is not a Chinese company, we are not related to China at all.”

CZ stated that the Binance team is engaging with Genesis, but does not know the details; even if Genesis is down, it will not affect the industry.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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