Hold onto your hats, ladies and gentlemen! Binance‘s very own boss man, Changpeng “CZ” Zhao – the guy who probably runs on coffee and sheer willpower – just shot down the wild rumor mill. Yep, despite whispers that YZi Labs, the “revolutionary” venture firm, might be gearing up to ask outside investors for a pot full of billions, CZ’s saying, “Not me, not now, not ever!”
Like a magician with a bad hat trick, he’s claiming, “YZiLabs is not raising an external fund,” as if that settles all the gossip. And he’s even throwing in a line about operating “independently,” like he’s auditioning for a role as crypto’s Mr. Independent! Plus, he dismisses any spooky idea of spinning out of Binance. No outside money, no problems – just a lot of social media noise. 🗣️
According to CZ, the fake news from the Financial Times – which he hasn’t even read because he’s too busy saving the crypto world – is just “made-up stuff” for clicks and negativity. He’s so sure he hasn’t even looked at the article, he probably thinks the internet’s just a big troll. As far as he’s concerned: no fund, no demo, no drama. WTF is a demo, anyway? Sounds like something you get at a car dealership! 😂
Meanwhile, his co-founder Ella Zhang is over there hinting that maybe, just maybe, they might take outside money someday. But CZ? Nope! No pitch decks, no investor talks, not even a “hello” from a potential backer. This is crypto’s version of political denial combined with a dash of “I’m just here for the memes.” And if you thought that was complicated enough, CZ’s also throwing in some legal drama – claiming he’s not a money-launderer, just guilty of a BSA breach, like a kid caught with his hand in the cookie jar but proudly insists, “I’m just taking cookies, folks!” And he’s flipping the bird to the media for blurring the lines and fabricating details. Classic CZ – the crypto version of “Believe me or not, I’m always right.”
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2025-09-24 00:20