CZ called a ‘liar’ over Binance insider trading accusation

By: protos|2025/05/06 22:15:01
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Former Binance CEO Changpeng Zhao has been branded a “problematic figure in the crypto space” after he was accused of spreading lies and misinformation about the creator of a rival to the controversial memecoin platform Pump Fun.Zhao was called out on the crypto review site Ethos Network after he claimed on X that a fired Binance employee — rumored to be Boop Fun founder Dingaling — had engaged in insider trading and lied about their job credentials. “There are also former employees who were fired by Binance for insider trading, who claimed to be the founder or CXO of something a few years later,” claimed Zhao in response to a post by MetaEra founder Vito.“Binance has never had any other C-Os except the CEO, CTO, CMO, CCO, CFO, and COO,” he added. Vito claimed the person in question had gained “industry status” with Binance’s help before launching a platform that will “go back to zero.”Neither post names anybody, however, multiple users on X speculate that Dingaling is indeed the individual Zhao is attacking. 也有因为老鼠仓被币安开除的前员工,几年后说是什么什么创始人,CXO的。币安除了CEO, CTO, CMO, CCO, CFO, COO之外就没有过其他的C什么O的。以上故事纯属虚构,请勿对号入座。— CZ BNB (@cz_binance) May 5, 2025Zhao’s accusation, which he described as “purely fictional.”Read more: Binance token listing no longer a ‘bullish’ event, researchIn a scathing review — or “slash” — titled “liar, shady practices, not trustworthy any longer,” Ethos user Chad.farm accused Zhao of “spreading misinformation” and lying about Dingaling, who they say is “one of the most respected figures in crypto.”They also claim that Zhao is “publicly distancing himself and throwing Dingaling under the bus.”Others, however, rejected the review, calling it a “tantrum slash” and claimed that with the information publicly available, “It’s all a bunch of interpretable messages without any clear information.”The review has had 78 reactions and a 56% approval rating. Dingaling has yet to publicly address the rumours on X. Got a tip? Send us an email securely via Protos Leaks. For more informed news, follow us on X, Bluesky, and Google News, or subscribe to our YouTube channel.The post CZ called a ‘liar’ over Binance insider trading accusation appeared first on Protos.

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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