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CZ Binance Comments on Sequoia Dispute and How His Legal Victory Came at a Price

Published 05/23/2019, 08:19 AM
Updated 05/23/2019, 09:21 AM
 CZ Binance Comments on Sequoia Dispute and How His Legal Victory Came at a Price

Binance CEO Changpeng Zhao, or CZ Binance, has taken to Twitter in order to present his views on the dispute between his company and renowned venture capital firm Sequoia Capital.

https://twitter.com/cz_binance/status/1131525126720122880

December 2017 was an explosive time for crypto growth, but Binance, one of the leading cryptocurrency exchanges, was unable to leverage industry attention and popularity to raise funds for its Series A round.

This was because Sequoia Capital’s China branch obtained an injunction against Changpeng Zhao, preventing him from raising any funding on the grounds that he br...

This article appeared first on Cryptovest

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