Binance CEO Accused of Being a 'Habitual Liar'

OKX founder Star Xu has reignited an 11-year-old dispute against Binance CEO Changpeng Zhao (CZ), calling him a 'habitual liar' in response to CZ's newly published memoir.

The feud began when CZ released his prison-penned book, which Xu claims misrepresents events from Zhao's 2015 stint at OKCoin, the predecessor to OKX.

Xu pointed to a video that allegedly shows conflicting contract versions from that period and accused Zhao of forging a contract 'out of the blue.'

CZ denied the allegations in a Reddit post in May 2015, detailing problems he observed at OKCoin.

The dispute escalated when Xu questioned whether Zhao had misrepresented his marital status, referencing earlier reporting where Zhao's spouse was described as his 'wife' in a letter submitted to a judge. CZ responded with a $1 billion wager that his divorce had been finalized, giving Xu a 24-hour deadline to accept.