Changpeng Zhao uses X to slam scapegoating, telling traders to own their risk as Bitcoin, Ethereum and BNB prices slide across the market. Changpeng Zhao says critics “make stuff up” about Binance and must “take responsibility” for their own trades. He argues compliance flags and police cases, not social media outrage, decide when funds are frozen or released.
Not saying we are perfect, but at this point, smart people actually triple check any negative “news” on Binance. Words like “blame” are designed to only attract people who are unwilling to take responsibility for their own actions. The post, viewed more than 36,000 times within hours, directly challenges a familiar reflex in crypto: when prices fall, blame the exchange.
To a user complaining that Tether’s Paolo Ardoino should “unfreeze my wallet,” CZ replied, “I don’t know any details of your case with USDT of course… I’d imagine your funds was somehow related to a police case, or it was flagged (hopefully incorrectly) by some AML tool. Give it some time, it should be resolved properly.” The subtext is brutal: enforcement flags and compliance tools—not Twitter outrage—decide when funds move. Supporters framed the storm as a stress test the Binance ecosystem can absorb.
“Nothing is perfect anyway. Frustration needs a target. They pick the number 1. And ‘quadruple check’ negative comments is a must,” wrote user @Spigg1115. Bitcoin (BTC) trades around $70,096, down about 0.63% over the last 24 hours and roughly 27.4% below its level a year ago. Ethereum (ETH) trades near $2,104, slipping about 2% over the same period. Binance’s own BNB (BNB) token is priced around $636, with a 24-hour range between roughly $617 and $645 and recent highs above $640.
Changpeng Zhao, known as CZ, used X to push back against scapegoating, urging traders to own their risk as Bitcoin, Ethereum, and BNB drift lower. He argues that critics “make stuff up” about Binance and should take responsibility for their own trades. He says enforcement flags and police cases, not Twitter outrage, determine when funds are frozen or released. The narrative underlines a shift: AML tools and compliance checks govern fund movement more than social media debate, a point CZ called brutal but necessary.
Prices show BTC around $70,096, down about 0.63% in the last 24 hours. ETH sits near $2,104, down roughly 2%. BNB trades around $636, with a 24-hour range between roughly $617 and $645 and recent highs above $640.
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