Binance CEO says support for free speech is reason he invested in Twitter

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Binance CEO says support for free speech is reason he invested in Twitter
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The chief executive of Binance, the world's largest crypto exchange, said he was 'extremely supportive' of freedom of speech and that was the main reason why his company decided to invest $500 million into Elon Musk's buyout of Twitter Inc.

Changpeng Zhaom Co-founder & CEO of Binance speaks during the opening ceremony of Web Summit, Europe's largest technology conference, in Lisbon, Portugal, November 1, 2022. REUTERS/Pedro NunesLISBON, Nov 1 - The chief executive of Binance, the world's largest crypto exchange, said he was "extremely supportive" of freedom of speech and that was the main reason why his company decided to invest $500 million into Elon Musk's buyout of Twitter Inc.

"Number one is that we want to be extremely supportive of free speech," Zhao said at the opening event of Europe's largest tech conference, the Web Summit, in Lisbon, adding that Twitter is "where people express their opinions".takeover saga It is unclear how actively involved co-investors like Binance could be in Twitter's future as a minority investor, since Musk fully controls the board and decision-making in the now-private Twitter.

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