Who Owns Binance?

Part 1: Who Not To Ask

If there’s one thing you can bet your bottom dollar on, it’s that the media lies to you. By lie, I do not mean just telling a white lie. The media lies in a sort of pathology.

It’s not like when you go out all night partying with a group of your best friends and tell your wife you were sat at home instead with a group of pals in what transpired as a dull evening. It’s more like persistently having a string of affairs with your secretaries and telling her you were out making money to support her and the kids. That’s the media’s definition of honesty. In other words, non-existent to the point of ridicule.

The only people I am aware of who believe the media on anything that it reports on whatsoever are either too good natured to contemplate the opposite or too arrogant to comprehend that they are being used by someone.

With this basic observation out of the way, let’s ask an obvious and somewhat overdue question — who owns Binance and why? The media claims that Changpeng Zhao, a Chinese entrepreneur, owns Binance. We can see this with a simple Google search: