Changpeng “CZ” Zhao, CEO of Binance, has refuted a rumour that “spread extensively” across a Chinese messaging platform that claimed he had been “shot” by a federal law enforcement agency in the United States.
Taking advantage of the chance to reiterate the close collaboration between Binance and the FBI. CZ responded in a tweet on March 4 to unfounded rumours spreading on Chinese messaging app WeChat that he was “shot” by FBI.
In reference to his tweet January 3 about streamlining his objectives for 2023, he added number “4” to end of this one.
He included fourth objective as a warning to disregard FUD (Fear, Uncertainty, and Doubt), false information, attacks, and other deterrents.
The first three objectives were to concentrate on product and service as well as instruction and compliance.
After a short while, CZ retweeted a message asking him, “Brother Peng, I heard that you were biu-biued [shot] by the FBI? You just nod and offer a hint [translated] if it’s true.
The words “Zhao Changpeng was shot dead by FBI” were circled by the user on a screenshot.
Comparison Of Rumour With Vitalik Buterin
Harry Denley, a security analyst for MetaMask. Compared incident to a hoax rumour that circulated about Ethereum co-founder Vitalik Buterin “dying in a car accident” in 2017.
Denley referred to CZ report as the “2023 adaptation of attempted market manipulation”. And recommended that CZ conduct a “proof of life” with the most recent BNB Smart Chain block hash.
In order to combat illegal activity on the site, it was previously revealed that Binance.US hired former FBI special agent BJ Kang to lead its investigation unit in October 2022.
Reuters once dubbed Kang “the most feared man on Wall Street” after pictures of him arresting Bernie Madoff. Who was convicted of operating the largest Ponzi scheme in history.
CZ and Binance have made recent headlines.
Elizabeth Warren, Chris Van Hollen, and Roger Marshall, three US senators. Sent a note to US CEO Brian Shroder on March 1 requesting more information about Binance financials.
The lawmakers asserted that based on the “little information” that is known about Binance’s finances.