“Binance is not a Chinese company, we are not related to China at all,” says CEO CZ

Binance is not a Chinese company

Chengpang Zhao (CZ), the CEO of Binance, the largest crypto exchange in the world, stole the show on November 24, 2022.

Basically, since CZ made a bid to acquire Voyager, the bankrupt U.S.-based company that specializes in lending and financing for cryptocurrencies, he has been inundated with inquiries.

Following up, FTX and Binance each made a bid to buy Voyager’s assets. In these terms, the FTX platform outperformed Binance U.S. and managed to secure the bid. All of this happened before the tragic event of the FTX platform’s failure and collapse.

As a result, now that FTX is entirely out of the picture, Binance steps in once more to buy Voyager.

After the interview, CZ made it clear that they would buy Voyager’s digital assets because FTX had failed to keep their end of the bargain.

Additionally, CZ argues against the false information provided to the US Securities and Exchange Commission (SEC).

It has been repeatedly confirmed to the U.S. SEC that Binance is a Chinese company.

Furthermore, CZ expressly admits that FTX made up the story in order to close the Voyager deal and denigrate Binance.


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