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Binance Issues Apology To Steemit Community

Janelle Fox

Summary: Binance, the cryptocurrency exchange, has issued an official apology to the Steemit community after it was involved in a major centralization scandal involving Tron founder Justin Sun. According to the letter posted on Tuesday, Binance assured users that it “stays neutral and has no interest in on-chain governance beyond the Binance ecosystem.” Binance also included ...

Binance, the cryptocurrency exchange, has issued an official apology to the Steemit community after it was involved in a major centralization scandal involving Tron founder Justin Sun.

According to the letter posted on Tuesday, Binance assured users that it “stays neutral and has no interest in on-chain governance beyond the Binance ecosystem.”

Binance also included in the letter records of its powering down of all the 31,730,000 STEEM tokens it had staked in support of Justin Tron’s allegedly “hostile takeover” of the blockchain.

By Janelle Fox

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