CZ Rebuts Fortune Story: Self-Contradictory and Sensationalist, Binance Only Upgrading Normal Talent
**Binance Execs Push Back on Fortune’s Iran-Tied Transaction Report**
On Feb 14, Binance founder Changpeng Zhao (CZ) hit back at a Fortune report on social media titled *“Binance Fires Investigator Who Revealed $1 Billion USDT Flow to Alleged Iran Fund.”*
CZ stated: “I don’t know the specifics or parties involved, but the article itself is self-contradictory. This incident can be twisted to fit any narrative, no matter how it’s reported. If true, it also means third-party tools (used by law enforcement too) didn’t flag it either. Media can put a negative spin on anything by finding a ‘dissatisfied’ or bribed anonymous source to spread panic.”
Binance CEO He Yi added that compliance officers handle all types of cases, emphasizing the exchange has long proactively launched criminal investigations, shared results with law enforcement, and helped users avoid potential fraud losses. She noted the firm needs to keep upgrading its compliance talent—achievements in the space stem from
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Trump Media & Technology Group Resubmits ETF Application, Plans to Launch Cronos (CRO) ETF
On Friday, February 14, Trump Media & Technology Group resubmitted applications to launch Bitcoin and Ethereum ETFs—days after the U.S. Securities and Exchange Commission (SEC) delayed multiple crypto ETF proposals.
The company also plans to roll out the Truth Social Cronos Yield Maximization ETF, which will track CRO—the native token of crypto exchange Crypto.com, tied closely to the Trump family.
While the SEC has significantly accelerated crypto ETF approval timelines, the agency delayed decisions on multiple proposals last August, including a series of Truth Social-linked funds. Currently, only a handful of funds with underlying asset staking have been approved, whereas funds tracking small-cap meme coins still face hurdles to listing.
If approved, the new Truth Social ETFs will carry a 0.95% management fee. Purchases will be available via broker-dealer Foris Capital US LLC, which is owned by Crypto.com.
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Affected by the news of the partnership with Apollo, MORPHO saw a brief 10% price increase.
On February 14th, per HTX market data, MORPHO jumped roughly 10% in the short term driven by news of its partnership with Apollo. The token is currently trading at $1.25 as of press time.
Previously, BlockBeats reported that Morpho announced a partnership with Apollo Global Management — a $900 billion asset management giant. Apollo plans to purchase up to 90 million MORPHO tokens over a 48-month period, and the two parties will collaborate to support the on-chain lending market of the Morpho protocol.
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Morpho: Asset Management Giant Apollo to Buy 90 Million MORPHO Over 4 Years, Partners to Support Morpho On-Chain Lending Market
February 14 — Official sources confirm Morpho has announced a partnership with asset management firm Apollo Global Management, which oversees $900 billion in assets.
Under the deal, Apollo or its affiliates may acquire MORPHO tokens via open market purchases, over-the-counter (OTC) trades, and other contractual arrangements. The total purchase cap is 90 million MORPHO tokens over a 48-month period, with transfer and trading restrictions in place.
Apollo and Morpho will collaborate to support the on-chain lending market on the Morpho protocol. Galaxy Digital UK Limited will serve as Morpho’s exclusive financial advisor.
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Grayscale is considering converting the AAVE Trust into a spot ETF
On February 14, The Block reported that Grayscale has filed an application with the U.S. Securities and Exchange Commission (SEC) to convert its closed-end AAVE Trust into an exchange-traded fund (ETF), with plans to list the ETF on NYSE Arca.
The ETF will charge a 2.5% sponsorship fee based on net asset value (NAV), payable in AAVE, and will be custodied and primarily brokered by Coinbase.
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FedEx Joins Hedera Governing Council, Boosting Global Supply Chain Digitalization
February 14 — Hedera today announced that FedEx has joined its Governing Council. The Council comprises leading global organizations focused on fostering trust, security, and innovation across the Hedera network.
FedEx’s goal in joining the Council is to advance trusted digital infrastructure that supports the evolving global shipping lifecycle, making supply chains smarter for everyone.
As a Governing Council member, FedEx will bring its operational expertise and architectural insights to help build open, collaborative distributed infrastructure—empowering the long-term digital transformation of global supply chains. Its key focus areas include:
? Advancing future-ready, trusted digital infrastructure for global supply chains
? Reducing cross-border commerce friction through secure, shared data validation across organizations and jurisdictions
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