After it was claimed that El Salvador’s president, Nayib Bukele, was holding part of the country’s Bitcoin on the FTX cryptocurrency exchange, Changpeng Zhao (CZ), the CEO of Binance, seemed to update the crypto community on the purported rumors.
After billionaire Mike Novogratz, a proponent of the Terra (LUNA) ecosystem before its collapse, said during an interview with CNBC’s Squawk Box that El Salvador owned Bitcoin on FTX, CZ took to Twitter on November 10 to correct the internet misinformation:
CZ said: ”Man, there’s so much false stuff out there. President Nayib and I just exchanged communications. He declared that we (referring to president Bukele) don’t have any Bitcoin in FTX and that we’ve never done business with them. God is good!”
The Bitcoin community responds to Novogratz.
It’s important to note that other cryptocurrency community members took issue with these remarks, with Stacey Herbert of the “Max & Stacey report” tweeting that Squawk Box should retract the statement.
