An extended-running dispute between OKX founder Star Xu and Binance founder Changpeng “CZ” Zhao resurfaced Thursday, with Xu calling CZ a “habitual liar” in a sequence of posts on X that revisit allegations courting again greater than a decade.
The conflict traces again to Zhao’s temporary tenure at OKCoin, based by Xu, when he was accused in 2015 of “harmful acts of conduct” and deceptive statements tied to a contract dispute involving Roger Ver, claims Zhao has beforehand disputed.
This newest flare-up additionally follows an earlier public disagreement in January, when Xu blamed Binance-linked market dynamics for amplifying the Oct. 10 crypto crash, a declare Binance and different market members disputed. The newest flare-up was triggered by CZ’s memoir, published earlier this week, Xu stated.
He revived the decade-old issues, saying he had no “intention of revisiting these old issues involving CZ [..] but since I’ve been dragged into this again because of the book, let’s restate the facts,” he wrote.
“Out of the blue, Star [Xu] said that I had somehow forged a contract when working there [at OKCoin],” CZ stated in his e-book. “… In May 2015, I got annoyed and made a public post on Reddit, obviously denying forging any contracts … while I was at it, I detailed a few problems I saw at OKCoin.”
Xu, in his latest posts, pointed to a video he stated reveals proof of conflicting contract variations and reiterating that Zhao had misled the general public in regards to the matter.
“After spending four months in prison, he continues to make false statements to the world,” Xu wrote, including that “a habitual liar never changes their nature.”
The dispute escalated when Xu questioned whether or not Zhao had misrepresented his marital standing, referencing earlier CoinDesk reporting wherein Zhao’s partner was described as his “wife” in a letter submitted to a choose. Xu said he would apologize if Zhao might produce a divorce settlement signed by each events.
Zhao responded that he’s “officially divorced” and challenged Xu to a $1 billion bet or any quantity Xu selected, that the divorce had been finalized, saying attorneys might confirm the settlement whereas declining to publish paperwork.
Xu rejected the wager, citing compliance concerns tied to working a regulated change, and as a substitute pressed Zhao on whether or not his Binance stake had been legally separated as a part of any divorce.
Zhao dismissed the road of questioning, saying his Binance stake was “none of your business” and accused Xu of deflecting.
