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Tron’s Sun had this to say about his “alleged” deal with Binance’s CZ

Press Releases Crypto News AMB-Crypto Tron’s Sun had this to say about his “alleged” deal with Binance’s CZ

Tron’s creator dismisses reports about Binance turning down the offer to buy a stake in Huobi
Sun claimed that there were no discussions held with CZ about Huobi in the last week or so

Tron’s founder – Justin Sun – spoke up about the recent news circulating the cryptocurrency exchange, Huobi. The crypto entrepreneur was allegedly trying to sell his stake to Binance – the world’s largest crypto exchange, according to Coindesk’s sources. However, the proposal was turned down by Binance because of rumors about Huobi’s ties to China.

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Tron’s creator dismisses Huobi sale talks with CZ

Notably, Tron’s creator denied reports of acquiring a stake in Huobi, after About Capital – an asset management platform – acquired a 60% stake in the exchange. Sun, however, claimed that he serves as an advisor to the exchange, with Huobi stating that the exchange was under his leadership.

Speaking on the report, Sun stated that the crypto exchange has “no intention of changing ownership” on Twitter. In a separate tweet, he stated that Binance was one of Huobi’s “most important partners.” Sun added that no offer was made on Huobi to Changpeng Zhao (CZ) – the co-founder of Binance – last week. He said,

“We have always regarded @binance as one of our most important partners and will continue to work closely with them on all levels. However, I must point out that in the past week or so, I have not proposed any offer to @cz_binance regarding the purchase of @HuobiGlobal , nor have we even discussed Huobi in the past week or so. “

Moreover, Bloomberg published a similar report clai

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Author: Priya NV

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