Zhao Changpeng (CZ), co-founder and former CEO of Binance cryptocurrency exchange, recently publicly responded and denied rumors about the company's sale. He directly refuted these claims through social platform X and attributed the responsibility to Binance's competitors,

Zhao Changpeng wrote, "Some Asian companies that consider themselves competitors spread rumors about the sale of Binance (CEX) He also emphasized that as a shareholder, An has not been sold.

Another co-founder of Binance, He Yi, also participated in the response and expressed the same view as Zhao Changpeng. She hinted that these sales rumors may be a public relations strategy deliberately used by a competing exchange to undermine Binance's market position.

Zhao Changpeng further stated that An is more likely to be the acquirer rather than the acquired party, implying that the company still maintains its expansion ambitions and may make acquisitions.

The speculation about the possible sale of Binance stems from observing significant changes in the exchange's asset holdings. X platform user AB Kuai Dong pointed out that An has reduced its reserves of Bitcoin and other cryptocurrencies. However, An has clarified that these asset changes are not related to any sale or divestment, and explained that these changes are "only adjustments made by Binance's finance department in accounting treatment" and are not related to any rumors of sale.

Despite resigning as CEO after being sentenced for violating US anti money laundering regulations, Zhao Changpeng still holds 90% of Binance's shares and confirmed in a recent Bloomberg interview that he did receive an offer to sell his shares. Nevertheless, Zhao Changpeng emphasized that he is not in a hurry to sell and will carefully consider any proposal. I didn't say I would hold these shares forever or not sell them, "he said." I'm willing to review every offer, but so far, I haven't taken any action. I'm just an ordinary shareholder now.