In a recent X post, Binance CEO Changpeng "CZ" Zhao pushed back against the SEC’s recent allegations that Binance.US used a custody unit possibly linked to its international counterpart that could be exposing clients to a foreign entity.
The X post reads,"For the record. Binance US does not use, and have NEVER used Ceffu or Binance Custody. You can't just make this stuff up.”
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- CZ Says Binance.US Did Not Use Entity At Center Of Recent SEC Allegations