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CZ: Personal assets not from selling user assets, no cash-out of company equity, and no selling of crypto holdings

BlockBeats News, January 31, Binance founder CZ stated in an AMA:


「I've seen some bizarre accusations online, such as comments saying, 'Your net worth is $92 billion, did you sell off all user assets? Did you sell cryptocurrency to get this $92 billion?'


If I remember correctly, this $92 billion figure comes from Forbes' estimate. But when Forbes says I have a net worth of a certain amount, it doesn't mean I actually have that much cash. I haven't cashed out my equity in the company, nor have I sold cryptocurrency for fiat. I have no intention to do so, and I don't want to hold fiat (including stablecoins) as I believe they are depreciating assets in the long run. I prefer to hold Bitcoin, BNB, and others. So these accusations are also incorrect.」

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