No ‘Red Notice’ for CZ

Binance CEO Changpeng Zhao (CZ) said a rival Centralized Exchange is probably to blame for creating or boosting fake news that an international warrant had been issued for his arrest.

“The latest Fud was only spread by crypto news outlets and KOLs, likely planted/sponsored by another exchange. Very petty,” CZ said.

On Monday, Crypto Twitter was abuzz about a photoshopped image of the Interpol website that purported to show a “Red Notice” for CZ. 

The fake news spread so widely that CZ made several responses to it, and a Binance spokesperson even told The Block that the rumor was “not true.”

CZ has had a tough time so far sticking to his New Year’s Resolution of ignoring FUD, fake news and attacks against Binance. Just last month, he faced fake news passed around Chinese social media that he had been shot by the FBI. That was more extreme than the Interpol rumor but was similarly based on a photoshopped image.

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Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.

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