OKX founder Star Xu has fired back at Binance’s Changpeng Zhao (CZ), denying accusations of jealousy and linking their prolonged feud to past grievances and Binance's recent regulatory troubles in Europe. The exchange of words reignited after Binance was denied a Markets in Crypto-Assets (MiCA) license in the European Union, which Xu publicly criticized, questioning Binance’s operating standards.
In response, CZ suggested during an interview that Xu’s attacks stemmed from jealousy, but Xu dismissed this claim, stating he is “ashamed” of CZ’s conduct, referencing CZ’s legal issues, market controversies, and compliance failures. Xu revealed that the conflict dates back to CZ’s early involvement with OKCoin, claiming unresolved incidents from that period led to lasting tensions.
He also accused CZ of misrepresenting their relationship in a recently published book, asserting that several mentions of him were inaccurate and created a false narrative. Despite this, Xu said he has no interest in reopening old wounds but is prepared to address the matter publicly if necessary. The clash has drawn fresh attention amid Binance’s European licensing setback, with many in the crypto community debating the origins of the rift.
