Binance CEO Changpeng "CZ" Zhao has claimed that his net worth is way less than reported by Bloomberg's latest finance rich list, which estimates his wealth at $28.2 billion, ranking him in the top three finance billionaires worldwide. CZ took to Twitter to state that the numbers were all wrong and that he doesn't have anywhere near as much wealth as reported. He also denied that the collapsed FTX cryptocurrency exchange was ever viewed as a rival and welcomed more well-run exchanges in the space. The Binance CEO has been critical of mainstream media reporting on the industry, often characterizing their reports as fear, uncertainty, and doubt.
(By HELEN PARTZ)
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