CZ Denies Seeking Middle East Cash for Industry Recovery Fund

Binance CEO CZ denied the report which said he's seeking cash from Middle East investors for the industry recovery fund.

According to Bloomberg, CZ and his team met with potential investors in Abu Dhabi last week in an effort to raise cash for the industry recovery fund, which was announced by CZ previously.

CZ commented on a Twitter post about this report, saying, "false".

Source

Binance

CZ

Fund Raising

In This Article

Related News
Binance tax evasion trial in Nigeria adjourned until April 30 on 'substituted service' argument Binance tax evasion trial in Nigeria adjourned until April 30 on 'substituted service' argument
Binance suspends employee for allegedly profiting off of insider information Binance suspends employee for allegedly profiting off of insider information
Binance Records $3.97B Weekly Inflows Binance Records $3.97B Weekly Inflows
Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million
ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round
Latest News More More
USDC closes in on $61 billion as institutional demand outpaces USDT growth
1 Day Ago Kraken launches forex perpetual futures with up to 20x leverage
1 Day Ago Bybit CEO says nearly 28% of $1.4 billion hacked crypto 'gone dark,' moved to P2P and OTC
4 Days Ago Eliza Labs unveils auto.fun, a no-code AI agent launchpad with 'fairer than fair' token model
4 Days Ago Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open