[Changpeng Zhao: FUD Harms the Entire Market; Binance Only Uses a Portion of Revenue to Pay Expenses]
Changpeng Zhao (@cz_binance) tweeted, "FUD doesn't harm the target audience; in fact, it increases my followers.
But FUD harms the entire market (i.e., everyone). I/Binance have never conducted any substantial sell-off.
I no longer run Binance, but to my knowledge: Binance only uses a portion of its revenue to pay expenses and is effectively a huge net holder.
Binance is now under review by global regulatory bodies, and all account transactions are auditable. Don't be misled. Please focus your energy on self-improvement."