Changpeng Zhao stresses Binance and Venus's significant financial commitment to safeguarding users and ensuring stability, responding to accusations of underreporting liquidation data by competitors.
Binance CEO Changpeng Zhao emphasized that Binance and Venus spent billions of their own funds to protect users and ensure the stability of BNB, countering accusations from Hyperliquid’s co-founder about underreporting liquidation volumes by centralized exchanges. Zhao highlighted Binance’s transparency and commitment to user protection.