Changpeng Zhao, the CEO of Binance, has denied rumors on social media that the crypto exchange has been selling bitcoin. He stated on Twitter that Binance has not sold BTC or BNB and still holds a bag of FTT.

Zhao criticized the speculation, saying it is impossible to know who sold based on a price chart involving millions of traders. Binance is currently facing a legal dispute with the US SEC over allegations of major malfeasance and legal violations at its Binance.US unit.

A judge has asked the two sides to work out a deal to avoid a full asset freeze. Bitcoin was mostly flat in Tuesday trading, declining 0.1% to $25,874, and has decreased by 3.5% over the past month.