Former Binance CEO Changpeng Zhao has branded a flurry of on-line criticism directed in direction of himself and Binance a “coordinated attack.”
The criticism got here in response latest to a put up he made wherein he appeared to encourage customers to easily “buy and hold.”
“Lots of accounts I don’t recognize suddenly tweet roughly copy and paste on the same topic,” Zhao stated.
He beforehand described the criticism as “twisted FUD” and clarified that he doesn’t imply merchants should purchase and maintain each single token, as that might result in a very performing portfolio.
4. Have seen some twisted FUD on this “buy and hold” tweet. It clearly doesn’t apply to each coin.
For those who “buy and hold” all crypto ever created, you know the way your portfolio will carry out. Identical as when you purchased each web or AI tasks/corporations… 🤷♂️
In any business,… https://t.co/ipXIOCLH6m
— CZ 🔶 BNB (@cz_binance) January 27, 2026
World Liberty Monetary co-founder Zach Witkoff additionally chimed in to say, “Funny how the loudest ‘concerns’ about [Binance], [Zhao], and [Yi Hi] always seem to arrive in perfect formation. Coordinated outrage is usually the tell.”
Zhao referred to as a “terrorist of crypto”
Crypto Twitter was awash this week with criticism of Zhao and Binance.
Livid customers vented on all the things from the crypto crash of final October to Zhao’s tweets, with others merely accusing him of being a scammer and fraud.
Certainly, one article boldly claimed that each Zhao and Binance are “terrorists” of crypto, and that the crypto crash final October was “manufactured” by the alternate to “cannibalize” its customers.
The article seems to be largely generated by ChatGPT, with no sources linked. It claims that Binance is a rip-off because of an alleged 8% token provide “tax,” that it sabotaged Hyperliquid by itemizing the token “JELLY,” and blames the alternate for the crash of FTX.
Some posts didn’t supply a lot substance past outright calling him a “scammer” and claiming that Binance is finishing up “fraud, manipulation, and corruption” on a scale the world hasn’t seen.
Different random accounts referred to as to “boycott Binance” and dubbed Zhao crypto’s “biggest scammer.” One crypto account pointed to analytics that confirmed Binance Futures tokens down on common 80%, which was additionally used as criticism in opposition to the alternate.
The median new crypto futures itemizing in 2025:
Down 94% as of at this time.
Not an outlier.
Not “just the bad ones.”
The MEDIAN.
Nonetheless assume you possibly can decide the winners? pic.twitter.com/iQZE6SEsFd
— Chris Jack (@Jacknomics) October 20, 2025
Binance crypto crash famous by ARK CEO Cathie Wooden
She notes that it was attributable to a software program glitch on Binance. The reason for the crash concerned the de-pegging of Ethena’s “synthetic dollar” USDe on Binance, with Binance claiming that this was as a result of market volatility on the time.
Wooden’s interview was reposted by OKX CEO Star Xu, who threw shade at Binance, saying, “People have underestimated the impact of 10/10. The incident caused real and lasting damage to the industry.”
He added that an “industry-leading company” ought to deal with strengthening infrastructure, constructing belief with customers and regulators, and defending customers’ long-term pursuits.
Cathie Wooden’s interview with Fox Information.
“Instead, some chose to pursue short-term gains — repeatedly launching Ponzi-like schemes, amplifying a handful of “get-rich-quick” narratives, and instantly or not directly manipulating the costs of low-quality tokens, drawing tens of millions of customers into property carefully tied to them,” Star added.
Whereas Zhao has been attempting to counter the sudden unfavourable narrative circulating on X, Yi Hello, the co-CEO of Binance, used the latest criticism to assist promote a job commercial for Binance.
