Zhao Changpeng Denies ASTER Acquisition Rumors, Confirms Holdings Over $2 Million
Binance founder Zhao Changpeng addressed circulating rumors that he had acquired ASTER, clarifying that no such acquisition took place. While he does hold over $2 million worth of ASTER, Zhao emphasized that this reflects personal investment exposure rather than a strategic takeover.
His clarification helped reduce market uncertainty, as rumors involving high-profile figures can often trigger sharp price movements. Zhao’s statement highlights the need to differentiate between ownership stakes and acquisition activity in crypto markets.
