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Binance founder and former CEO Changpeng Zhao (CZ) caused confusion with a statement he made on X (formerly Twitter).
CZ recently shared a message with the phrase, “Probably sold Bitcoin,” and added a laughing emoji at the end of his message.
It is not known exactly who the Binance founder targeted with this mysterious statement, but there are some guesses among the cryptocurrency community. One of the biggest BTC bulls, MicroStrategy founder Michael Saylor, said in a statement today that there is no need for interventions such as Proof of Reserves and audits for companies holding Bitcoin and that these create security vulnerabilities.
Saylor, who received a huge backlash for this statement, may be the person CZ claims sold Bitcoin to. According to proponents of this theory, Saylor is not keen on measures such as Proof of Reserves because he sold Bitcoin.
There is no official information that Saylor has sold BTC, and there is no information in recent SEC filings that they have sold BTC. However, purchases and sales that are not included in periodically filed SEC documents can be identified as onchain.
We will see in the coming days if CZ is serious about this and if he really has Michael Saylor in his sights.
*This is not investment advice.
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