Will abide by Elon Musk's decision: Changpeng Zhao, CEO of Binance, on the Twitter takeover

Binance's CEO has committed to support Tesla CEO Elon Musk in whatever decision he makes on the $44 billion Twitter deal, over which the latter is now engaged in a court struggle.

On Sunday, Changpeng Zhao, the CEO of Binance, discussed Elon Musk's decision to scrap the planned acquisition of Twitter due to the volume of spam or automated accounts the network was home to. Zhao referred to the offer as being "somewhat pricey" when a Twitter user requested him to "purchase Twitter".

but will back Elon in whatever course he takes. He said, "There is a time to lead, and a time to follow."

One of the few businesses that contributed money to Musk's attempt to take Twitter private was Zhao-led cryptocurrency exchange, which promised $500 million. Zhao said he would be "disappointed" if the richest man in the world decides not to go through with the acquisition in an interview with Bloomberg last month. He is, however, more than willing to support him if he does. The CEO had stated, "He's leading, we're following, and if he closes the sale, we're committed. I believe we are done if he doesn't.

If you're wondering what this expression means, it simply implies that anything someone says to them bounces off of them and sticks to the one who is saying it. It is often used as a response to insults or criticism.