Odaily News The controversy surrounding CZ and Star continues to escalate. He Yi responded on social media, listing multiple allegations claiming that Star has been persistently attacking Binance.
The main points mentioned include attributing market declines to Binance, associating Meme projects on BNB Chain with Binance, applying negative labels to CZ personally, emphasizing compliance issues for comparison, and boosting their own attention through public opinion methods. He Yi also mentioned the background of past industry competition and expressed personal views on related events.
Currently, related discussions are still ongoing, and neither side has issued a further unified response.
Odaily News OKX CEO Star posted stating that, based on compliance requirements, he will not participate in public "betting" or similar activities, and pointed out that such behavior is not permitted in some regions. He stated he has no intention of involving himself in the other party's private life, but regarding multiple false statements about himself in books and public interviews, he has the right to question and clarify them.
He also stated that the relevant facts and timeline can be verified, and that the distribution of family assets across multiple jurisdictions is a legal and ethical responsibility; failure to fulfill it would raise questions about the individual's reputation and integrity.
Odaily News CZ responded to the related controversy in a post, stating that the other party should take responsibility and issue a public apology, rather than shifting the topic or continuing with false accusations. He also denied the claim of "misleading the public or lying to the world" and stated that questions regarding "Binance's shareholding" are irrelevant to the other party. CZ said he will no longer participate in the related discussion.
Odaily News According to a post by Star, founder and CEO of OKX, on the X platform, both OKX and Binance are regulated by multiple regulatory bodies. As the ultimate beneficial owner (UBO) of a regulated company, publicly proposing a $10 billion bet is clearly not in line with professional conduct. I am also very curious whether Binance's regulators find this behavior acceptable.
Odaily News CZ posted on X, stating he is willing to bet $1 billion (or any chosen amount) that the divorce was already official (well before today). If someone agrees to take the bet, lawyers can be brought in to verify the divorce agreement.
Odaily News OKX Star responded regarding "reporting Li Lin to the Chinese police," stating: "This matter is purely false information. In the Asian Crypto industry, any platform and founder of scale faces a large number of reports and complaints every year. If reporting alone could determine the outcome, this industry would have ceased to exist long ago. Huobi's Mr. Li has high emotional intelligence and has managed various individuals around him well over the years. He should not believe such nonsense that defies common sense."
