Zhao Changpeng denies rumors of Binance trading on BitMEX

Binance founder Zhao Changpeng has dismissed claims that the exchange trades on BitMEX as false information. On X, he stated that the assertion is untrue and that those spreading the rumor are now making things up without purpose or evidence. His post was a response to a claim circulating on X that Binance is one of the most profitable institutions trading directly on BitMEX. In 2023, Zhao announced that instead of issuing complex rebuttals to negative rumors and FUD (fear, uncertainty, and doubt), he would simply post the number "4," which signifies one of his internal rules to ignore such claims.

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