Market News- Justin Sun believes that Binance Chief executive officer are designed for the SEC’s suit.
- Binance’s Chief executive officer receiving lots of support in the crypto community.
The U.S. Registration has filed a suit against Binance, the world’s largest crypto exchange, and Chief executive officer Changpeng Zhao for securities violations. Binance Chief executive officer has tweeted his answer the suit following a lengthy silence. After his tweet, Justin Sun pops up with support for CZ.
Extended Support For Binance Chief executive officer
On June 6, Changpeng Zhao tweeted concerning the SEC suit. Justin Sun, the Huobi consultant and former TRON Chief executive officer, expressed his support for Binance Chief executive officer Changpeng Zhao.
Justin Sun mentioned
I needed to take the time to convey my unwavering support for you personally. Among my buddies, I trust you and also have confidence in your integrity. We’re for you!
Sun pointed out that Zhao’s abilities and approach are beyond reproach within the evolving cryptocurrency industry. As well as known as Zhao a genuine and upright person. Furthermore, Zhao has wonderful leadership skills.
Justin Sun believes that CZ is able to handle the SEC’s suit and prove themself innocent. Furthermore, he added that, like a friend, he always supports Zhao regardless of what happens. The exchange has announced it intends to defend itself from the SEC’s suit, opting to not settle.
CZ receiving lots of support in the crypto community. Because the world’s largest crypto exchange, Binance will get within the SEC’s suit, it will likely be a booster for other people facing the SEC suit.
Highlighting that, even Justin Sun and the related projects, including TRON, face SEC charges in March. That situation hasn’t yet arrived at funds.
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