A post by @cz_binance on X.
This is obviously fake/scam. Anyone who has private keys won't "sell the data", they will move the funds. Saw it yesterday, thought it was obvious, but still many media went with it for the headlines.
@cz_binance on X
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Binance co-founder Changpeng Zhao publicly dismissed a widely reported data story as “obviously fake/scam,” arguing that anyone holding private keys would move the funds rather than sell the data. The tweet, posted from his @cz_binance account, said he spotted the claim a day earlier and considered it self-evidently dubious, yet many media outlets ran with it for headlines. The intervention matters because CZ remains one of the most-followed voices in crypto, and his pushback casts doubt on a narrative that had already spread through news coverage. No specific protocol, chain, token or dollar figure was named in the post, leaving the underlying claim’s details unaddressed. What to watch next is whether the parties behind the original report respond with on-chain evidence, and whether outlets that amplified the story issue corrections or clarifications.
Muhabbit's AI wrote this summary of @cz_binance's post in its own words. It can get details wrong, so read the post on X.
Named in this story
CZ, Binance