The CEO of Binance, Changpeng Zhao (CZ), the CEO of Binance, spoke out in response to false information being spread about Interpol issuing a “Red Notice” against him.
When a ‘now-deactivated’ Twitter user posted an image of a “Red Notice” issued by Interpol against CZ, the Binance CEO quoted the tweet saying it was a photoshopped image.
The latest FUD was spread by crypto news outlets and KOLs, likely planted/sponsored by another exchange. A popular Crypto Twitter personality “Cobie” shared a cryptic message which noted a “Interpol Red Notice for CZ” which caused havoc in the market.
Cobie’s account is now private but the community is now accusing him of spreading FUD when he enjoys a Twitter massive following of over 700,000.
Frank Chaparro, the Director of News at The Block, called out Cobie, tweeting “We reached out to Binance before your tweet.” CZ later added “If you panic sell on FUD or photoshopped images, well, you aren’t likely to become rich.”
Binance is already being bombarded with back-to-back issues, including being sued by CFTC for permitting U.S. users to trade crypto derivatives without registering as a futures exchange and failing to execute necessary anti-money laundering processes.
Compiled by Coinbold