Zhao Changpeng: I don't believe Circle will complain about Binance; professional peers wouldn't do that

ChainCatcher news, according to CoinDesk, Zhao Changpeng spoke on Binance's official Twitter Space criticizing Bloomberg's report about Circle's complaint against Binance to the New York State Department of Financial Services (NYDFS), "I really don't believe Circle would do that, I think professional industry peers wouldn't want to do that to another industry peer." Zhao Changpeng stated, "As we can see now, it will only harm the entire industry… I won't take that article too seriously right now."

ChainCatcher previously reported that Bloomberg cited informed sources stating that Circle complained to the New York State Department of Financial Services (NYDFS) last year about its competitor Binance's mismanagement of its own token reserves, alerting regulators to the fact that Binance's reserves were insufficient to support BUSD. (source link)