The largest cryptocurrency exchange Binance has again become a victim of another FUD. However, Binance CEO Changpeng Zhao warned everyone in advance, so it was not scary.
Night Zhao posted tweeted a photo where he shows four fingers in the frame. Like this:
Such a post did not bother the savvy cryptans, because everyone knows what this gesture means. In early January Zhao wrote down the four most important rules for your exchange and the traders who trade on it. He said it was important to constantly learn, obey rules and laws, provide products and services, and most importantly, ignore FUDs, fake news, and media attacks on the exchange.
Will try to keep 2023 simple. Spend more time on less things. Do’s and Don’ts.
1.Education
2. Compliance
3. Product & Service4. Ignore FUD, fake news, attacks, etc.
In the future, would appreciate if you can link to this post when I tweet “4”.
— CZ
Binance (@cz_binance) January 2, 2023
Today is just the time to remember the fourth rule, Zhao made it clear.
The reason for this post was CNBC publication. The journalists managed to find out that some employees and volunteers of the Binance cryptocurrency exchange (who are also called “angels”) help users of the trading platform from China and other countries bypass KYC. They don’t do it directly, they just give advice.
In numerous trading groups on Binance, they share information on forging bank documents, falsifying addresses, and hiding the country of origin to bypass control and receive a Binance Card debit card.
In response to a request from the publication, representatives of the exchange were quick to disown such accusations: “Binance employees are strictly prohibited from suggesting or supporting users in circumvention of local laws and regulations.”
Violators were promised immediate dismissal.
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