Binance’s CZ Rumors of ‘International Wanted’, Rep Denies False


Rumors Spread About Mr. CZ

Cobie, a well-known Twitter account in the cryptocurrency community, posted that the International Criminal Police Organization (Interpol) has issued a “Red Notice” to Changpong Zhao (CZ), CEO of Binance. bottom.

A Red Notice is a notice issued by INTERPOL to law enforcement agencies around the world and serves as an interim arrest warrant for an international wanted person. As Interpol has not made an official announcement, it is unclear at this point whether the issue to Mr. CZ is true.

Cobie’s Twitter account is private at the time of writing. The post was encrypted and a readable version was shared on Twitter by another user. Based on Cobie’s tweet alone, it is unclear not only whether it is true, but also why Mr. CZ is on an international wanted list.

According to the official website, a Red Notice is issued in response to an arrest warrant issued by a local judicial authority or an order issued by a court. Binance has recently come under increased scrutiny from global regulators, and at the end of last month, the U.S. Commodity Futures Trading Commission (CFTC) sued Binance, CZ, and others for violating U.S. law. rice field.

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At present, the CFTC has not made any announcements regarding Red Notices.

Comments from Binance

Regarding this information, a Binance representative responded to the cryptocurrency media “The Block” that the information that CZ has been issued a Red Notice is “not true.”

CZ himself is also aware of this information. “This is a composite image,” CZ said on the Red Notice page of Interpol’s official website, where he posted a photo of himself. “This is how FUD (bad rumors) start,” he tweeted.

The user who posted the composite image in the above tweet seems to have commented, “The information on this Red Notice issuance is true,” but this Twitter account has already been deleted.

“It’s unfortunate that people are so easily swayed by FUD without verifying it themselves,” CZ said.

What is Binance

Operates a major virtual currency exchange with a large number of traded stocks, trading volume, and registered users. In addition, we are developing a wide range of businesses such as the activities of the venture capital department, the provision of educational content, and philanthropic activities. In November 2010, the company announced its entry into the Japanese market.

▶Cryptocurrency Glossary

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