Zhao Changpeng Denies ASTER Acquisition Rumors, Says Holdings Exceed $2 Million
Zhao Changpeng, founder of Binance, has responded to market rumors suggesting he was involved in acquiring ASTER, clarifying that while he has exposure to the asset, there was no acquisition as rumored. According to Zhao, his actual holdings in ASTER exceed $2 million, addressing speculation that had been circulating in the market.
The clarification helped temper uncertainty around ASTER, as rumors of high-profile acquisitions often fuel sharp price movements. Zhao’s comments suggest the position reflects personal or investment exposure rather than a strategic takeover, underscoring the importance of distinguishing between ownership stakes and acquisition activity in crypto markets.
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