Changpeng Zhao thinks that the list of cryptographic assets of Binance is “a little broken”.
Zhao, who co-founded the exchange, recently went to the X social media platform to discuss the test (TST), a test token launched by the BNB channel team for a tutorial video on The way to create the same using its Four.meme Launchpad platform.
Binance recently listed the TST, causing massive volatility of the active price.
Explains Zhao,
“I think the list of binances is a bit broken. They announce, then indicate four hours later. The notice period is necessary, but within these four hours, the prices of the tokens increase on the decents (decentralized exchanges), then people sell on CEX (centralized exchange) …
I don’t know if there is a solution for that. Attention.
The former leader of Binance also specified that he had not approved the TST list and remains focused on the fundamentals rather than on mecoins.
Zhao notes that this does not mean that he is against assets, however.
“Not” in “something doesn’t mean I’m against it. I’m not in sports cars; I do not collect art; I did not buy any NFT (non -bubble chips); I also did not buy most altcoins (I hold BTC and BNB). But I am not against any of the elements above. And I think that most of you agree, that I have worked hard and that “I have made efforts” to help many altcoins and the cryptography industry in general. I adopt the same point of view on the same. »»
Zhao was Director General of Binance until November 2023, when he pleaded guilty to break the anti-whithening laws. Last year, he served two months in Lompoc II, a minimum security prison in California and two additional months in a transitional house.
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