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Binance’s Changpeng Zhao Denies $28 Billion Net Worth Claim


by CoinEdition
  • Binance CEO Changpeng Zhao has denied a Bloomberg report which claimed his net worth is over $28 billion.
  • Zhao stated that the report’s numbers are wrong and that he doesn’t have anywhere near as much wealth.
  • The CEO also took issue with the report’s description of his exchange’s business activities.

Binance CEO Changpeng Zhao has denied a recent report from Bloomberg, which claimed that his net worth exceeded $28 billion. Bloomberg’s Rich List, which was released earlier this week, named the Binance Chief as the third richest person in Finance with a supposed net worth of a whopping $28.2 billion.

Changpeng Zhao took to Twitter earlier today to address the matter and clarified that his wealth was nowhere close to what was purported by the report. The Binance CEO tweeted “4”, which is often used by him to flag certain reports as false. “Numbers all wrong. I don’t have anywhere near as much. Don’t know why they do this,” Zhao added.

The post Binance’s Changpeng Zhao Denies $28 Billion Net Worth Claim appeared first on Coin Edition.

Read the article at CoinEdition

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Binance’s Changpeng Zhao Denies $28 Billion Net Worth Claim


by CoinEdition
  • Binance CEO Changpeng Zhao has denied a Bloomberg report which claimed his net worth is over $28 billion.
  • Zhao stated that the report’s numbers are wrong and that he doesn’t have anywhere near as much wealth.
  • The CEO also took issue with the report’s description of his exchange’s business activities.

Binance CEO Changpeng Zhao has denied a recent report from Bloomberg, which claimed that his net worth exceeded $28 billion. Bloomberg’s Rich List, which was released earlier this week, named the Binance Chief as the third richest person in Finance with a supposed net worth of a whopping $28.2 billion.

Changpeng Zhao took to Twitter earlier today to address the matter and clarified that his wealth was nowhere close to what was purported by the report. The Binance CEO tweeted “4”, which is often used by him to flag certain reports as false. “Numbers all wrong. I don’t have anywhere near as much. Don’t know why they do this,” Zhao added.

The post Binance’s Changpeng Zhao Denies $28 Billion Net Worth Claim appeared first on Coin Edition.

Read the article at CoinEdition

Read More

$9 Billion in Satoshi-Era Bitcoin Just Moved—What Are the Whales Telling Us?

$9 Billion in Satoshi-Era Bitcoin Just Moved—What Are the Whales Telling Us?

Something wild just happened in the Bitcoin world—and it’s got everyone from on-chain...
Ethereum validator exit queue pushes all-time high as profit taking extends

Ethereum validator exit queue pushes all-time high as profit taking extends

The validator queue to unstake ETH from the Beacon Chain contract is at an all-time h...