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#CZ

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Why Didn’t Bitcoin Drop More? Binance’s CZ Credits FBI Action
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Why Didn’t Bitcoin Drop More? Binance’s CZ Credits FBI Action

Key Highlights: The FBI identified the North Korean cybercrime syndicate TraderTraitor as the culprit behind a massive theft exceeding $6 billion from Binance around Oct. 29. Binance co-founder CZ praised industry partners for tracking and freezing stolen assets, which prevented an even steeper collapse in the price of Bitcoin. U.S. law enforcement agenciesβ€”including the FBI, ...

β€œI Never Said Selling,” CZ Clears Up SpaceX Shares Controversy with Elon Musk
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β€œI Never Said Selling,” CZ Clears Up SpaceX Shares Controversy with Elon Musk

Key Highlights: Binance co-founder Changpeng β€œCZ” Zhao refuted claims that he threatened to divest shares in SpaceX or exerted pressure on Elon Musk. Zhao stated that references to Binance’s stake were made solely to push back against comparisons linking the firm to the collapsed exchange FTX following a security hack. The clarification addresses recurring industry ...