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Changpeng Zhao denies selling 35M ASTER, calls rumor fake news

October 31, 2025, 3:27 AM
Former Binance CEO Changpeng Zhao has dismissed rumors that he sold 35 million ASTER, calling the claims fake news in a post on X. On-chain analyst EmberCN corroborated this, stating that an examination of the transaction showed it was a transfer between Binance hot wallets. This follows a previous rumor that Zhao had purchased ASTER, which he also denied at the time.

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