Binance CEO Zhao Changpeng (CZ) Tweets questioned that coinbase's asset reserves seemed to be different in two foreign media reports, and the tweets were subsequently deleted. Coinbase CEO responded in a high-profile manner: Are we a listed company? All financial statements are open and transparent.
According to screenshots, CZ quoted a report from a tiger in the 11/22 tweet, and the report mentioned that the Coinbase custodial account was Grayscale and held 635,000 bitcoins, but he remembered that Coinbase held less than 600,000 bitcoins four months ago.
CZ stressed that he was just stating the news, without any ideas, and mentioned that Glassnode might have the latest data.
Coinbase CEO Brian Armstrong immediately responded:
If you see someone creating panic, please remember that our financial data is public. We are a listed company. You can take a look at our third quarter financial report. We hold 2 million bitcoins, and as of 9/30 , the fair value of 39.9 billion US dollars. We all need to unite and build the crypto industry in a responsible way, and be wary of false information.
and CZ also replied:
Brian Armstrong I just said that the data in the report was incorrect. I have deleted the previous tweets. Let us work together to improve industry transparency.
CZ has previously stated that in the future, he will be more outspoken about the issues seen in the crypto industry, even if it may lead to more controversy, or things will be just a false alarm in the end, but he will still do so in order to eliminate potential risks.
It now seems that CZ is fulfilling his promise, but the community is not grateful.
360Trader, who has more than 200,000 people tracked on Twitter , believes that:
CZ Today proves one thing, everything he did is just for his empire, not for this industry. He deleted the article, but also exposed his intentions.
FTX has fallen, and Huobi Tron dares not go against CZ Station. Now he bombards coinbase, and then CX okx, tsk, play with coins and return to Zhao.
In the crypto industry, if you want to seize the next wave of bull market opportunities, you have to have a high-quality circle, and everyone can join forces to keep warm and maintain insight. If you are the only one, looking around at a loss and finding that there is no one, it is actually very difficult to persevere in this industry.
If you want to join us for warmth, or if you have any questions, please join us.
Thanks for reading, we will see you next time
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