Star Xu Accuses Binance's CZ Zhao of Lying Amid Ongoing Crypto Exchange Feud
Star Xu calls CZ a ‘liar’ as founders of world’s largest crypto exchanges argue over past allegations
Coindesk
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A renewed feud between Star Xu, founder of OKX, and Changpeng Zhao (CZ), founder of Binance, has emerged following the release of Zhao's memoir. Xu accuses Zhao of lying about a decade-old contract dispute from Zhao's time at OKCoin, escalating to personal allegations regarding Zhao's marital status.
- 01Star Xu calls Changpeng Zhao a 'habitual liar' over past allegations.
- 02The feud dates back to Zhao's tenure at OKCoin in 2015.
- 03Zhao challenges Xu to a $1 billion bet regarding his marital status.
- 04Xu questions the legitimacy of Zhao's divorce disclosures.
- 05The dispute has expanded beyond business to personal matters.
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The long-standing dispute between Star Xu, founder of the cryptocurrency exchange OKX, and Changpeng Zhao (CZ), founder of Binance, has resurfaced following the release of Zhao's memoir. Xu has accused Zhao of being a 'habitual liar' regarding a contract dispute from Zhao's time at OKCoin in 2015, where he faced allegations of misleading conduct. In his posts on X, Xu shared a video claiming to show conflicting versions of contracts and reiterated that Zhao misled the public. The feud has taken a personal turn, with Xu questioning Zhao's marital status and the implications of his divorce on his Binance stake. Zhao responded by asserting his official divorce status and challenged Xu to a $1 billion wager on the matter, which Xu declined, citing regulatory compliance concerns. This public spat highlights the ongoing tensions in the cryptocurrency industry and the personal animosities that can arise among its prominent figures.
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