Bloomberg Takes A Jibe at Binance, Calls Founder CZ Elusive
Bloomberg business in a shocking post today took a jibe at largest cryptocurrency exchange Binance and its founder Changpeng Zhao aka CZ. The instagram post accussed Binance for being the most craziest thing in cryptocurrency realm and Binance founder Changpeng Zhao as “elusive” flip flop wearing software developer.
‘For Now, It’s the largest Crypto Exchange”
Earlier today Bloomberg, a pioneer in online journalism took to their Instagram handle and criticized the largest cryptocurrency exchange Binance and its founder. As per the post, Bloomberg business called Binance the craziest things in cryptocurrency industry and claimed that Binance is only found where CZ is. The post further criticized crypto exchange for ongoing backlash by several countries.
As reported by Coingape earlier, Binance is facing strict regulatory actions by 6 countries namely, Japan, Britain, Singapore, Thailand, Cayman Island, and Canada. The post further called Binance founder and CEO Changpeng Zhao, elusive. It described Changpeng as flip flop wearing software developer everyone calls CZ. This is not it, the post subtly raised questions around Binance’s future by ending the post in somewhat secret manner.
“For Now, Its the largest cryptocurrency exchange on the planet”
I get a feeling Bloomberg doesn’t like me that much, but that’s ok. I am still thankful to my ex-employer.
Stay compliant, work together, grow the industry. pic.twitter.com/n36EofT6fb
Binance CEO responded to Bloomberg’s accusation through his official twitter handle, saying Bloomberg doesn’t like him much and he is thankful to his ex-employer. Due to recent incidents of regulatory actions in several countries Binance is already under extreme pressure to get on page with compliance authorities in various nations.
Recently, Binance hired a former regulator in hopes to improve the situation in various nations. Binance’s independent US subsidiary Binance.US has hired Manuel Alvarez as the Chief Administrator. Another ex-regulator runs the cryptocurrency exchange; Brian Brooks, ex-bank regulator hired Alvarez for the job.
The post Bloomberg Takes A Jibe at Binance, Calls Founder CZ Elusive appeared first on Coingape.
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