According to CoinMeta, on February 13th, Binance founder CZ responded on social media to rumors that "Binance earned over 60,000 BTC during the March 12th crash by hedging client positions on BitMEX," stating, "This is pure fabrication, and I don't know their purpose. Binance has never traded on BitMEX. My friend, BitMEX co-founder Arthur Hayes, should know this. BitMEX only processes one withdrawal per day (to my knowledge)."