CZ Slams Binance Reserve Allegations: “Check the History Properly”
The post CZ Slams Binance Reserve Allegations: “Check the History Properly” appeared first on Coinpedia Fintech News
Don’t try to spread rumors around CZ!
In crypto, doubt spreads fast especially when it targets big names like Binance. One tweet is all it takes to stir up fear, fuel speculation, and send social media into overdrive. But this time, the response came just as fast and straight from the top.
Here’s what the twitter buzz is all about.
Wynn Claims Binance Is Hiding Its ReservesOver the weekend, Hyperliquid trader James Wynn accused Binance of skipping its monthly proof-of-reserves (PoR) update – something the exchange typically publishes at the start of each month.
His since-deleted post read: “BINANCE HAS STILL YET TO POST PROOF OF RESERVES 
Binance has notoriously posted their proof of reserves on the 1st of every month!!”
The message sparked concerns around transparency but Changpeng Zhao (CZ) was quick to respond.
CZ Slams FUDCZ shut down the claim with a short reply on X:
Bruh… FUD. 4. Binance usually takes a few days to publish. Usually on 5th or 6th. The snapshot is taken on the first. Check the history properly please.
Thank you for your attention to Binance. 