Binance CEO Move Funds for PoR Audit, Warns to Ignore FUD
Binance CEO Move Funds for PoR Audit, Warns to Ignore FUD
- Binance CEO Changpeng Zhao moved funds For the PoR audit.
- Zhao warns users to ignore ongoing FUD.
- Dylan LeClair fears Zhao is pulling a trick from SBF’s playbook.
A crypto analyst, Dylan LeClair, felt “weird vibes” from Binance CEO Changpeng Zhao, due to the movement of funds during an ongoing Proof-of-Reserve audit of the firm. Fear, uncertainty, and doubt (FUD) grew over Twitter after a blockchain tracking platform alerted in a tweet that 127,351 BTC, over $2 billion were transferred from Binance to an unknown wallet.
Is anyone else getting weird vibes from CZ right now? It’s like he’s running the SBF summer playbook: Public projection of strength and talks of “industry bail outs” while attempting to raise funds. I’m not …
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