He is waiting on details supporting the claim that under 5% of Twitter accounts are spam/bot accounts – of which he is skeptical. Though Twitter’s board has accepted the offer, Musk has decided to put the deal on hold for now. Sequoia Capital – a VC firm heavily involved with crypto – also put forward $800 million to support the bid. The latter proposed a $43 billion takeover to privatize the company in April, wishing to transform it into a free-speech paradise and “digital town square.”Ĭrypto enthusiasts and companies alike were highly supportive of the deal, seeing as it aligned with liberty-minded principles that digital assets embody. If he doesn’t, then I think we’re off.”Ī filing with the Securities and Exchange Commission in May revealed that Binance had put forth $500 million to support Elon Musk’s offer to buy Twitter. “If he goes through with the deal, we’re committed. “He’s leading, we’re following,” said the CEO. Some of these issue types include their own sub-issue types for further specificity and each issue type has its own. Binance recommends that users pick the right Issue Type when submitting a ticket to expedite the customer service process. However, he is more than prepared to back him if he does. Users are able to contact Binance by submitting a support ticket, which will be answered via email. In an interview with Bloomberg on Thursday, Zhao said he would be “disappointed,” if the mogul decides not to follow through on the deal.
He also went deep on Binance’s current financial position, explaining that the exchange is more than prepared for the bear market. Changpeng Zhao – CEO of Binance, the world’s largest crypto exchange – has reaffirmed his support for Elon Musk’s plan to buy out Twitter.
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