Amidst the ongoing tension between SEC and Binance, CZ has shared a new social media post regarding the matter.
As developments regarding the settlement between Binance US and SEC emerge, Binance CEO Changpeng Zhao continues to make social media posts about the issue. CZ posted a new tweet regarding the ongoing negotiations between the exchange and the regulatory body, emphasizing that user funds on Binance are secure and will continue to be so.
CZ's Assessment of the Settlement!
Following the settlement between Binance US and the SEC, Binance's CEO CZ expressed his views on Twitter:
"While we disagree with the SEC's emergency relief request entirely, we are pleased to resolve the dispute on mutually acceptable terms. User funds have always been and will continue to be safe and secure on all platforms under Binance."
CZ highlighted that there is no trust issue with Binance and that there won't be any, continuing to instill confidence in investors.