CZ Denial: Did Not Liquidate User Positions for Profit and Never Traded on BitMEX

BlockBeats News, February 13th, Binance founder CZ responded on social media to rumors that “Binance made over 60,000 BTC in profit by hedging customer positions on BitMex during the 312 flash crash,” stating, “This is purely fabricated, I don’t know what their purpose is. Binance has never traded on BitMex. My friend, BitMEX co-founder Arthur Hayes, should know. BitMex only processes withdrawals once a day (as far as I know).”