OKX’s Xu calls Binance’s CZ a ‘habitual liar’ over alleged ‘false statements’ – Details - AMBCrypto
After spending time in prison, Binance [BNB] founder Changpeng Zhao (CZ) is in the news after he released an autobiography. This has already triggered a lot of criticism from his old rival – OKX founder Star Xu.
The 457-page memoir “Freedom of Money,” released on 08 April, talks about CZ’s journey and how he created one of the largest crypto exchanges – Binance.
OKX’s Xu vs Binance’s CZ
The main thing that drew maximum attention was CZ’s mention of the OKX Coin, wherein CZ dragged up old claims. In his book, CZ claimed how his long-standing rival Xu tried to sabotage him with FUD and labeled him as an unfit chief technical officer (CTO).
Binance‘s founder even went ahead and looped in Huobi founder Leon Li for the matter. He wrote that back in 2025, Li had told CZ that Xu had reported him to Chinese authorities, with a screenshot proving the same.
Five years later, at a dinner in 2025, I met Li Lin again after 11 years. Li Lin told me that he had seen a screenshot showing Xu Mingxing personally reporting him to the Chinese police, and it was this report that led to his arrest.
Star Xu fights back
As expected, Star Xu was quick to come to his own defense. He noted,
After spending four months in prison, he continues to make false statements to the world. All I can say is: a habitual liar never changes their nature.
OKX’s Founder further clarified that he has “no intention of revisiting these old issues involving CZ”.
However, given that it was CZ himself who stoked the...
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