Binance Crypto exchange CEO No Longer Grants Interview to Clickbait News Outlets

1 min


Binance Crypto exchange CEO No Longer Grants Interview to Clickbait News Outlets

    • Changpeng Zhao stated he would no longer honor requests from news outlets with a clickbait history.
    • He went further to say Twitter spam bots are much more efficient than the outlets that fake headlines for clicks.
    • At least 3 well known websites have misrepresented CZ’s opinion in the last eight days.

Changpeng Zhao, the of the largest digital currency exchange, Binance, stated he would no longer honor interview requests from news outlets with a clickbait history. He went further to say Twitter spam bots are much more efficient than the outlets that fake headlines for clicks.

He made this decision on 23 after having had to correct at least 3 news items from different news websites in the last few days.

Colin Wu’s Twitter news page reported on June 17 that CEO Zhao stated “ Binance Crypto exchange is considering re-entering the Korean market,” pointing out that defunct affiliate arm, Binance Crypto exchange KR, had shut down in January 2021 “due to regulatory policies.”

Zhao clarified that its earlier Korean partnership ended due to poor product quality and bad user experience, not a regulatory issue. Likewise, the re-entering of the Korean market was likewise a  misquotation.

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On June 19, Coingape published the headline “Breaking: Binance Crypto exchange Buys The Dip, Adds 101,266 Bitcoin.”

Nonetheless, CEO Zhao commented, “Another wrong post. When # Binance Crypto exchange wallet increases, it means more users deposited to # Binance Crypto exchange. This journalist doesn’t seem to under the concept of cold wallets for .”

Fortune magazine likewise quoted the CEO of Binance Crypto exchange out of context when they published the headline, “ Binance Crypto exchange boss CZ reveal the is far from over—and he intends to go on a spree.”

Instead, the CEO stated, “Historically, we see four-year cycles, approximately two years bear and two years . On the other hand, history may not predict the future. And I can’t predict the future.”



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