Binance Founder Zhao Changpeng's BNB Statement: "I Never Sold BNB!" Here Are the Details

Binance founder and former CEO Zhao Changpeng (CZ) stated in a statement on social media platform X that he never sold his BNB ￰0￱ Founder Zhao Changpeng: “I Never Sold BNB” “I never sold BNB; I only used it for spending,” Zhao said in his post. “Also, I bought all my BNB with my own money in the early stages of the project; it wasn't given to me for free.” This statement is a direct response to long-standing speculation surrounding Zhao's personal wealth and influence over ￰1￱ the core token of the Binance ecosystem, BNB is designed to provide discounts on transaction fees and be used in a variety of products. Zhao's statement, “I never sold,” specifically denies the “insider selling” allegations frequently circulating in the ￰2￱ former Binance executive has similarly emphasized his long-term confidence in BNB in the past, describing the token's role in the ecosystem as “the backbone of Binance.” Zhao's statement comes amid a recent and steady rise in the BNB ￰3￱ believe CZ's clear message could boost investor confidence and strengthen positive sentiment toward the BNB ecosystem. *This is not investment ￰4￱ Reading: Binance Founder Zhao Changpeng's BNB Statement: "I Never Sold BNB!" Here Are the Details