15-6-2025 – Changpeng Zhao, the visionary behind Binance, took to the X platform on June 14, 2025, to set the record straight. With a deft touch, the crypto titan quashed swirling speculation about his stake in the exchange and his academic journey, offering a rare glimpse into the man steering one of the world’s foremost cryptocurrency empires.
Zhao’s intervention was a masterclass in transparency, addressing murmurs that he commands a towering 90% of Binance’s shares—a notion he firmly debunked. Equally, he laid bare the truth about his education, revealing he parted ways with McGill University before earning a degree through distance learning to secure a work visa. “Rumours twist like vines,” he seemed to suggest, lamenting how even a stray comment can sprout layers of fiction. His words, laced with wry frustration, underscored a resolve to uproot falsehoods that threaten to cloud his legacy and Binance’s standing.
Yet, the market barely blinked. Binance’s native token, BNB, held steady, its price pegged at $644.02 at 22:13 UTC on June 14, with a market capitalisation of $90.73 billion, according to CoinMarketCap. Trading volume dipped by 32.7% to $1.34 billion in the prior 24 hours, while a 10.64% climb over 60 days hinted at resilience amid the crypto sector’s relentless churn. Such stability reflects a curious truth: Zhao’s personal clarifications, while vital for trust, rarely ripple through the trading floors unless tethered to Binance’s operational helm.
The crypto community, ever-vocal on social platforms, buzzed with discussion, yet no seismic shifts in BNB or rival tokens emerged. Zhao’s voice, a beacon in the fog of fear, uncertainty, and doubt (FUD), has historically steadied nerves.
