OKX Founder Slams CZ as EU Licensing Saga Sparks Fresh Criticism

The prolonged rivalry between OKX founder Star Xu and Binance's founder Changpeng Zhao appears to be far from over, as fresh accusations are beginning to emerge following Binance's recent regulatory setback in Europe.

Xu had earlier slammed CZ and Binance after the exchange was denied a MiCA license in Europe, raising questions about Binance's operating standards.

Xu dismisses jealousy claims

After CZ accused Xu of being jealous during a recent interview that questioned the root cause of their issues and the drive behind the sustained fallout, Xu clapped back in a recent post, dismissing the claims.

Xu claimed that he was not jealous while publicly declaring that he was only ashamed of CZ and his business dealings, making reference to CZ's previous legal troubles, market controversies, and compliance issues.

Xu shares backstory of issues with CZ

While the saga between both founders did not start recently, the crypto community has constantly raised concerns about what could have triggered the rivalry and public disagreement between the industry leaders.

In his statements, the OKX founder further shared a brief backstory about the genesis of his ordeal with the Binance founder in what he described as unresolved issues that date back to CZ's earlier involvement with OKCoin.

Xu accused CZ of repeatedly delivering misleading narratives in his recently released book. He further explained that CZ mentioned him several times in the book while providing false claims and inaccurate accounts of past events.

Although Xu concluded his statement with claims that he had no interest in reopening old wounds or spending time revisiting old disagreements from years back, he signaled that he would be willing to publicly discuss the matter if necessary.