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Binance CEO CZ: Rival Exchange ‘Likely’ Behind Interpol Arrest Rumor

source-logo  bsc.news 04 April 2023 12:32, UTC
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No ‘Red Notice’ for CZ

Binance CEO Changpeng Zhao (CZ) said a rival Centralized Exchange is probably to blame for creating or boosting fake news that an international warrant had been issued for his arrest.

The latest Fud was only spread by crypto news outlets and KOLs, likely planted/sponsored by another exchange. Very petty. Hurts the industry and hurts themselves. There are enough external forces attacking us. Our industry needs to unite at this juncture.

— CZ 🔶 Binance (@cz_binance) April 4, 2023

“The latest Fud was only spread by crypto news outlets and KOLs, likely planted/sponsored by another exchange. Very petty,” CZ said.

On Monday, Crypto Twitter was abuzz about a photoshopped image of the Interpol website that purported to show a “Red Notice” for CZ.

The fake news spread so widely that CZ made several responses to it, and a Binance spokesperson even told The Block that the rumor was “not true.”

How FUD starts, then… pic.twitter.com/spg9iiI8As

— CZ 🔶 Binance (@cz_binance) April 3, 2023

If you panic sell on FUD or photoshopped images, well, you aren’t likely to become rich.

Block the FUD sources.

— CZ 🔶 Binance (@cz_binance) April 3, 2023

CZ has had a tough time so far sticking to his New Year’s Resolution of ignoring FUD, fake news and attacks against Binance. Just last month, he faced fake news passed around Chinese social media that he had been shot by the FBI. That was more extreme than the Interpol rumor but was similarly based on a photoshopped image.

What is Binance:

Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.

Where to find Binance:

Website | Twitter | Discord | Telegram |

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