Binance CEO Changpeng ‘CZ’ Zhao has denied rumors on social media that the crypto exchange sold bitcoin.
“Binance did not sell BTC or BNB,” he said Tuesday on Twitter. “We even keep the FTT. It’s amazing how they can tell exactly who sold based on price charts involving millions of traders.”
The comments come as the exchange is embroiled in a legal dispute with the US Securities and Exchange Commission over allegations of serious misconduct and violations of the law.Earlier in the day, a judge ordered the two parties to the dispute to reach an agreement to avoid freezing all assets.
Bitcoin was mostly flat in trading Tuesday, down 0.1% to $25,874, according to TradingView. BTC has dropped 3.5% in the past month.