#Binance founder and CEO #Changpeng #Zhao reacted to #Bloomberg's "Binance under investigation" news. "They made our cooperation look like a bad thing," said Zhao, who is also known as "CZ" to the entire crypto universe.
The cryptocurrency universe was shaken by two big news within 24 hours. TSI first announced yesterday evening that Elon Musk suspended Tesla's purchase of vehicles with Bitcoin. While this move was discussed during the day, the news that "Binance is being investigated by the US Department of Justice and Internal Revenue Service" was passed by Bloomberg in the afternoon.
The cryptocurrency market, which was already on the decline with the Tesla news , went further down with the Binance claim. Binance founder and CEO Changpeng Zhao reacted to the way Bloomberg reported on his personal Twitter account.
Starting his words by saying "the title of the news is bad", CZ, by putting the word "news" in quotation marks, implies that the subject is not even newsworthy and used the following expressions:
“The 'News' title is bad. Actually the text is not that bad (but who reads it). The article describes how Binance cooperated with law enforcement against bad actors, but somehow they made it look like a bad thing… Anyway. Keep working"
While CZ also retweeted Binance's corporate statement on the subject after this comment, he immediately tweeted another and said, “If you see a FUD somewhere , press the 'unfollow' button. Thanks!" Wrote.