- Binance CEO Changpeng Zhao moved funds For the PoR audit.
- Zhao warns users to ignore ongoing FUD.
- Dylan LeClair fears Zhao is pulling a trick from SBF’s playbook.
A crypto analyst, Dylan LeClair, felt “weird vibes” from Binance CEO Changpeng Zhao, due to the movement of funds during an ongoing Proof-of-Reserve audit of the firm. Fear, uncertainty, and doubt (FUD) grew over Twitter after a blockchain tracking platform alerted in a tweet that 127,351 BTC, over $2 billion were transferred from Binance to an unknown wallet.
Is anyone else getting weird vibes from CZ right now? It’s like he’s running the SBF summer playbook: Public projection of strength and talks of “industry bail outs” while attempting to raise funds. I’m not ...The post Binance CEO Move Funds for PoR Audit, Warns to Ignore FUD appeared first on Coin Edition.