Binance CEO stands up for Elon Musk over cryptocurrency pyramid scheme

Binance CEO Changpeng Zhao continues to express his loyalty to Elon Musk, this time standing up for the SpaceX and Tesla founder on Twitter.

In response to the CoinMarketcap team’s publication about a $ 258 billion lawsuit against Elon Musk for participating in the management of the «Dogecoin pyramid scheme,» Zhao said:

«Being subpoenaed does not mean that a person is actually guilty. These are two very different things. I just want to emphasize this,» Zhao said.

It should be noted that the Binance CEO is a fan of Elon Musk’s ideas. In a recent interview, he said that the crypto exchange is always ready to help Musk with money to implement his ideas.