CZ’s Memoir Sparks Explosive New Feud with OKX Founder Star Xu!

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CZ Memoir Sparks Fresh Feud With OKX Founder Star Xu

Key Highlights

  • Changpeng Zhao’s memoir reignites a public feud with Star Xu over past disputes and allegations.
  • Xu rejects claims in the book, accusing Zhao of misrepresentation and escalating the conflict on social media.
  • The clash expands into personal territory, with both figures publicly addressing allegations beyond business history.

Changpeng Zhao, the co-founder of Binance, recently released a memoir that has sparked a renewed conflict with Star Xu, the CEO of OKX, bringing long-standing disputes back into the spotlight.

In his memoir, Zhao discussed past disagreements from when he worked with companies connected to OKX. He detailed arguments about contracts and accusations that rivals tried to damage his reputation early in his career.

One of the most debated claims in the book was Zhao’s idea that some people in the industry might have informed on their competitors to the authorities. He mentioned a discussion with Leon Li, suggesting he previously suspected Xu of involvement in regulatory issues.

Xu disputed these claims, stating they weren’t true and bringing up past accusations that Zhao had previously altered documents during disagreements. In public statements, Xu said the memoir contained false information and explained he hadn’t planned to address past events until the book came out.

I don’t want to rehash past disagreements with CZ, but his new book – which contains many inaccuracies – has forced me to respond. He has a history of misleading people, both publicly and to the media, and unfortunately, this pattern continues…

— Star_OKX (@star_okx) April 9, 2026

Withdrawal freeze returns to spotlight

The memoir also discusses a 2020 incident with OKX (formerly OKEx), when users were unable to withdraw funds for several weeks. This happened while Xu, a key figure at the company, was reportedly being investigated by Chinese authorities.

Zhao explained the incident as a flaw in the system’s design, pointing out that too few people had control over wallet access. He compared this to how Huobi dealt with a similar issue at the same time, noting that their setup allowed them to keep things running smoothly.

Xu hasn’t responded to the specific details of those claims, but he has challenged the overall story Zhao is telling.

Personal allegations enter the dispute

The disagreement between Xu and Zhao moved past just business matters when Xu brought up questions about Zhao’s marriage. Xu pointed out that Zhao’s public statements didn’t match what was in official legal documents and asked him to prove what he’d said was true.

I will publicly apologize as soon as he provides a divorce agreement signed by both of them today. However, if he claims to be divorced in the media or his book without providing that agreement, it would be a misleading statement – just the latest in a pattern of similar behavior.

— Star_OKX (@star_okx) April 9, 2026

Zhao publicly confirmed he is divorced and stated he won’t share any legal paperwork to protect his privacy. He expressed appreciation for his time with his ex-wife and confidently asserted that the divorce was finalized long before today, even offering to wager $1 billion to prove it.

I usually don’t respond to untrue statements, but I feel I need to address this now that my divorce is finalized. I won’t be sharing any legal documents publicly, out of respect for my ex-wife and the good times we shared. I’m even willing to make a substantial bet – $1 billion, or any amount you prefer –

— CZ 🔶 BNB (@cz_binance) April 9, 2026

Public feud plays out in real time

The disagreement mainly played out on social media, with both individuals speaking directly to each other. Although Zhao suggested he wanted to end the conflict, his replies actually addressed the claims made against him, which kept the argument going.

This episode shows how old disagreements in the crypto world keep popping up, especially when people share their experiences or talk about them publicly.

Old tensions, new platform

This conflict highlights lingering disagreements between pioneers in the tech world who have worked together previously. By detailing these old arguments in her memoir, Zhao has brought them to the attention of a much broader audience.

It’s unclear if this recent back-and-forth will actually resolve anything or just become another chapter in their ongoing competition, but it has once again highlighted the people who run the biggest cryptocurrency companies.

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2026-04-09 21:01