Binance – The Block Saga Continues, Dovey Wan Reveals Key Facts

binance vs the block

Binance – The Block Saga Continues, Dovey Wan Reveals Key Facts

The Binance – TheBlock Saga has yet another twist to it.  A recent tweet by Primitive Crypto Founder, Dovey Wan has cleared the air about the Binance office shutting down in Shanghai. Interestingly, Binance CEO, Cz has responded with a thumbs-up sign on the post. 

Binance – Block Saga Continues 

Source- Twitter

Binance Shanghai office is an outsourced customer rep team, under Babi Finance (a Binance investment). The post then saw Cz thanking Dovey Wan for tweeting this. 

Source- Twitter

On November 21, The Block published an article which stated that Binance’s Shanghai office had been raided by the police and shut down.  Interestingly, in the statement, there was no mention of the police raid.  

Cz then responded that there was no fixed office in Shanghai. Following the news, top coins fell down in double digits. Binance CEO, Cz was expecting an apology from The Block. However, the latter decided to stand by its claim and refusing to apologize. Also, the Block published another detailed article in which it shared information about the addresses of Binance’s Shanghai offices, thereby refuting CZ’s claims of  “no office”.

Larry Cermak Claims Dovey Wan Is Not Being Honest 

Interestingly, the tweet also saw Larry Cermak, data researcher at The Block commenting on the post. He said that the news mentioned that the Binance Shanghai office was visited in person and it was closed. Moreover, Binance hired people through Babi Finance and that the office didn’t belong to Babi itself.

Source- Twitter

He further alleged that Dovey was not being honest in her tweet. 

Source- Twitter

Mike Dudas, a coveted team member of The Block also refuted the clarification provided by Wan and said it was inaccurate. 

Source- Twitter

Another Twitter user, Matthew Graham commented that Babi Finance had been shut down for quite a long time and there was further some mystery to this controversy. 

Source- Twitter

Will The Block eventually apologize to Binance? Let us know, what you think in the comments below!

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Binance - The Block Saga Continues, Dovey Wan Reveals Key Facts
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Binance - The Block Saga Continues, Dovey Wan Reveals Key Facts
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The Binance - TheBlock Saga has yet another twist to it.  A recent tweet by Primitive Crypto Founder, Dovey Wan has cleared the air about the Binance office shutting down in Shanghai. Interestingly, Binance CEO, Cz has responded with a thumbs-up sign on the post. 
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Author: Supriya Saxena

Coming from a physics background the unpredictability and intrigue of the cryptoverse attracted me to take a dive in this field. I am all eyes and ears for the latest trends in blockchain and crypto sphere. Whenever I am not writing or researching, I love to read sci-fi novels, play basketball and watch action movies. I strongly believe that blockchain and cryptocurrency will bring lasting transformations in people’s lives in the years to come. You can reach out to me at supriya [at] coingape.com.

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Supriya Saxena 216 Articles

Coming from a physics background the unpredictability and intrigue of the cryptoverse attracted me to take a dive in this field. I am all eyes and ears for the latest trends in blockchain and crypto sphere. Whenever I am not writing or researching, I love to read sci-fi novels, play basketball and watch action movies. I strongly believe that blockchain and cryptocurrency will bring lasting transformations in people’s lives in the years to come. You can reach out to me at supriya [at] coingape.com.

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