Remember Changpeng ‘CZ’ Zhao? Here’s some for food for thought. The former Binance CEO owns a whopping 64 percent of all available BNB.
According to a report shared by Forbes, CZ apparently owns 94 million BNB tokens.
What’s really worrying is that Binance and CZ jointly hold 71 percent of the total supply (147 million). So this means that CZ owns a lot, like really a lot, more than BNB than Binance itself.
Surely this can’t be good.
BNB is doing okay at the minute, but to be honest I see this as yet another element that proves that tokens and coins that are tied to a centralised exchange are toxic.
But that’s just my 2 cents.
bitcoinea 
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