Changpeng Zhao Denies Binance is Connected with Chinese Authorities

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Changpeng Zhao, CEO of crypto exchange Binance, has revealed the details of the creation and development of the exchange.

He has reacted to a discussion about the use by competitors of the thesis about the close connection of the platform with the Chinese authorities.

An analyst named FatMan revealed last month that his trusted sources confirmed FTX was running a black PR campaign against Binance.

Patrick Hillmann, director of public relations at Binance, intervened in the debate. Former Washington Post journalist Jacob Silverman asked him who Guangying Chen was.

In the article, Zhao has noted the increased number of defamatory attacks against the company in recent times. He has admitted that one has to face this not only in the media, but also behind closed doors at meetings with politicians.