Nvidia CEO Probe Hit Binance Stock Perps While Wall Street Was Closed

The probe into Nvidia CEO Jensen Huang broke over the weekend, while Wall Street was closed. Crypto traders still priced it in early. Binance’s Nvidia perpetual futures fell more than 4% below the last US close before the stock market reopened. Binance founder Changpeng Zhao (CZ) quickly seized on the move. “Tokenized stocks trade 24/7, giving you an edge on news over the weekend,” he wrote on X. What Sparked the Nvidia CEO Probe? Nvidia’s board launched an independent investigation into reports that CEO Jensen Huang was “the target of a foreign intelligence effort.” A committee of independent directors will oversee it with outside counsel, the company said . However, the board sees no reason to believe that national security or Nvidia secrets were compromised.

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