🚨 #CZ Calls FT Report 'Fake News' – Angry Over YZi Labs $10B Fund Claims!

Hey friends, ex-binance CEO CZ (Changpeng Zhao) has strongly denied a Financial Times report! The report claimed that his Web3 and AI venture, YZi Labs, is opening a $10B portfolio to outside investors. But CZ dismissed it on X as “știri complet false” – pline de “fake, #Wrong , și informații inventate”!

Key points from the FT report: YZi Labs head Ella Zhang admitted strong investor interest, and SEC Chair Paul Atkins requested a private demo. The portfolio is 70% active digitale, with 50+ propuneri de token-uri revizuite pe parcursul verii.

CZ’s response: “#YZi Labs nu strânge un fond extern, nu este planificată nicio demonstrație pentru investitori, și nu a fost realizat niciun pitch deck!” He clarified that YZi Labs is independent of Binance, and the claim of it being “spun out” after his US legal troubles in November 2023 is false. On the legal side: “Am pledat pentru o singură încălcare a BSA, neîndeplinirea unui program adecvat de combatere a spălării banilor – nu încălcări de ‘spălare a banilor’ așa cum a caracterizat #ft .”

CZ also said FT had arranged a lunch interview promising positive coverage, but after canceling, this negative narrative came out. He said, “Aceasta nu este narațiunea pe care am sperat-o.”

Currently, $BNB (Binance Coin) is trading above $1,000, with 15% gains this month, but volatility is rising.