Binance, the largest crypto exchange in the U.S., denied an alleged cease-and-desist and said bankruptcy rumors circulating on social media are unfounded. The exchange urged users to rely on official statements rather than unverified posts.
Rumors of a 600,000 BTC Venezuelan "shadow reserve" (~$60B) resurfaced after Maduro's arrest, but markets were largely unmoved. Analysts say there is no verifiable on-chain evidence to support the claim.
Michael Saylor denied on X that he or affiliated holdings sold 47,000 BTC, calling the reports false. The clarification helped ease concerns about a large, market-moving outflow.