Musk denies ever criticizing Binance for monopolizing the crypto market: related remarks are fabricated, CZ had previously publicly refuted.

BlockBeats news, November 7 - In response to the community rumor that "Musk criticized Binance for occupying 80% of the crypto market share and called on users to switch to other trading platforms to restore market competition," Musk replied to Binance founder CZ's comment, saying: "Yes, I never wrote anything like that, it is fabricated."

Previously, CZ commented on the rumor, saying: "Bro, don't be that guy who spreads false information." Musk subsequently explicitly denied the related remarks, confirming that the content circulating online was not posted by him.

Correction/Report

RelatedRecommended

Stirring 2023, the accumulation of Binance.

Binance's 5th Anniversary: A History of Encryption Disruption

Fortune Feature: The Growth, Family and Inheritance of Binance Founder CZ

He has mastered many of the cutthroat business tactics that prevailed in the early days of China's tech scene, while retaining the casual Canadian disposition

What has been the impact of the U.S. indictment on Binance?

In the worst case, Binance could exit the American market

The CFTC sued Binance for filing Collation: Violation of U.S. Exchange Law, and did not recognize Binance's compliance

Binance and its CEO, CZ, are being sued by the Commodity Futures Trading Commission for alleged violations of trading and derivatives rules.

On-Chain Activity