Fake News Spreads on WeChat in China

The rumors of his being shot by FBI agents are greatly exaggerated, Binance CEO Changpeng Zhao (CZ) said on Twitter Friday.

CZ shared a photoshopped image of the Twitter feed of the Chinese edition of The New York Times, including a fake story saying he had been shot by the U.S. Federal Bureau of Investigation. The fake story had been circulated around Chinese social media giant WeChat.

Although one of CZ’s New Year’s resolutions was to “Ignore FUD, fake news, attacks, etc.” he’s had a rough time of it so far in 2023. Confronted with the strange rumor that he had been shot by U.S. law enforcement, CZ kept his response light, saying the Binance team works closely with the FBI and punctuating his response with a “shrug” emoji.

Responding to another Twitter user, CZ indulged in a little joke at the expense of anyone who believed the fake story and sold their cryptocurrency because of it.

‍

What is Binance:

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.

Where to find Binance:

Website | Twitter | Discord | Telegram |