Veteran Trader Calls Binance ‘Global Scam’ As Crypto Exchange Allegedly Sells Off Bitcoin To Stay Afloat: ‘Watch It All Unravel’

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Veteran trader Peter Brandt took to X, formerly known as Twitter, issuing a strong warning about Binance and its native token, Binance Coin (CRYPTO: BNB), amidst growing concerns in the crypto community. What Happened: Brandt, in his tweet, stated, “I have stated for years that CZ and @binance is a global scam and $BNB just a cheap fiat. Watch it all unravel.” This statement was further supported by investor Mike Alfred’s response, suggesting that Binance’s CEO, Changpeng Zhao, was offloading Bitcoin (CRYPTO: BTC) to maintain the value of BNB, which seemed to be failing. See Also: Mysterious W…

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