TechFlow reported that on February 3, Changpeng Zhao (CZ), founder of Binance, posted on social media to clarify four recent rumors circulating about Binance.
1. The Polymarket prediction market post claiming “whether someone will throw something at CZ’s face at the 2026 crypto event” is fake—the incident never occurred;
2. Regarding claims that “CZ canceled the supercycle,” he stated he has no ability to “cancel the supercycle,” and only expressed “lack of confidence”;
3. The claim that “Binance sold $1 billion worth of Bitcoin” is false—these were trades executed by Binance users, not by Binance itself;
4. In response to questions about whether Binance’s Secure Asset Fund for Users (SAFU) had failed to convert into Bitcoin as promised, CZ explained that Binance plans to complete this conversion within 30 days and noted that $1 billion represents a negligible impact on Bitcoin’s $1.7 trillion market capitalization. (The first purchase—$100 million worth of BTC—was completed yesterday.)
