On April 27, Binance founder CZ responded to Bloomberg's previous report that "CZ is worth $28.2 billion" on social media, saying that there should be no FUD, the data is wrong, and he does not have so many assets. He does not know why Bloomberg wrote such a report. In addition, CZ said that he has never regarded FTX as a competitor and welcomes more (well-run) exchanges in this field.