What is Binance CZ's response to the reports slamming Binance?

3 answers

• Dec 16, 2021 · 3 years ago
  As the CEO of Binance, CZ has acknowledged the reports slamming Binance and has taken them seriously. In response, Binance has initiated a thorough internal investigation to address the concerns raised. Binance is committed to maintaining transparency and ensuring the security of its users' funds. CZ has also emphasized the importance of community feedback and has encouraged users to report any suspicious activities or issues they come across on the platform. Binance is actively working on implementing additional security measures to further enhance the safety of its users' assets.
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• Dec 16, 2021 · 3 years ago
  Binance CZ has responded to the reports slamming Binance by emphasizing the company's commitment to compliance and regulatory standards. He has stated that Binance is actively working with regulatory authorities to address any concerns and ensure that the platform operates within the legal framework. CZ has also highlighted the efforts made by Binance to enhance its Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures. Binance is dedicated to providing a secure and trustworthy trading environment for its users.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a digital currency exchange where CZ is currently employed, has stated that they understand the concerns raised by the reports but cannot comment on Binance's response as it is an independent entity. BYDFi is focused on providing a reliable and user-friendly trading platform for its users. They are continuously working on improving their services and implementing robust security measures to safeguard users' assets. BYDFi encourages users to conduct their own research and exercise caution when trading on any platform.
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