Binance CEO Denies Receiving $250M Loan from BAM Management, Says it is "the Other Way Around"

Binance CEO Changpeng Zhao has refuted claims that he received a $250 million loan from BAM Management, the holding company of Binance.US, saying that it was the other way around. In a Wednesday tweet, the crypto boss said he "loaned $250 million to BAM a while back, not the other way around." CZ even claimed that he has not taken the loan back yet. The dispute arose following a report by crypto media outlet Decrypt, which analyzed court documents related to the lawsuit.... Read More: Binance CEO Denies Receiving $250M Loan from BAM Management, Says it is "the Other Way Around"