Binance CEO Disputes Media Coverage of $250 Million Transaction Amid Ongoing SEC Lawsuit

Recent developments have revealed a disagreement between Binances CEO, Changpeng Zhao, and media coverage regarding a $250 million financial transaction. A Decrypt news story on September 19 interpreted specific legal documents from the ongoing lawsuit between Binance and the U.S. Securities and Exchange Commission (SEC). The documents, as presented by the Binance USs legal representatives, allegedly indicated that BAM Management US Holdings granted a $250 million loan to Zhao in December. Contrary to this claim, Zhao used the X platform (previously known as Twitter) to debunk this...

source: https://tokenpost.com/CEO-of-Binance-Disagrees-with-Claims-about-a-250-Million-Loan-in-Recent-Lawsuit-10704

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