The world's largest cryptocurrency exchange, Binance, refuted the claim of journalist Mike Burgersburg, who claimed on Twitter that a makeshift building in the UK was the UK branch of Binance.
Burgersburg shared a photo of the alleged building and the so-called on Twitter and wrote:
"This is Binance's current UK office, a warehouse located on a side road on the edge of a rural town of 10,000 people… Still don't get it?"
Binance responded by calling this tweet "a new day, a new FUD" (fear, uncertainty and doubt) and said the company in question was a scammer with no affiliation with Binance.
Binance also stated that it has sent a notice to the company.
Burgersburg later deleted his tweet and admitted his mistake. He posted a screenshot of his original tweet and wrote:
“Binance is right! After our research, it was understood that this was a different organization. To avoid misinformation, we deleted the original tweet and added a screenshot of the original below.”
*Not investment advice.