Zhao Changpeng: "The attempt to shut down Binance.US was ultimately voted down" is false reporting

2023-08-03 08:19:55
Collection

ChainCatcher news, Binance CEO Zhao Changpeng responded on social media to the claim that "there was an attempt to shut down Binance.US, but the final vote did not pass," stating that this is FUD and noting that if it were a board vote, one opposing vote out of three cannot block any decision. A 2/3 majority is needed to win; if it were a shareholder vote, Binance.US CEO Brian Shroder is neither a venture capitalist nor any other type of investor.

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