CZ called a ‘liar’ over Binance insider trading accusation

By: bitcoin ethereum news|2025/05/06 22:45:01
0
Share
copy
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, 2025 Read more: Binance token listing no longer a ‘bullish’ event, research In 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. Source: https://protos.com/cz-called-a-liar-over-binance-insider-trading-accusation/

You may also like

March 4th Market Key Intelligence, How Much Did You Miss?

1. On-chain Flows: $39.6M USD inflow to Hyperliquid today; $29.7M USD outflow from Base 2. Largest Price Swings: $EDGE, $POWER 3. Top News: Altman defends Pentagon deal at all-hands, calls backlash "really painful"; OpenAI also seeking NATO contracts

Taking Stock of Crypto's Washington Power Players: Who is Advocating for US Crypto Regulation?

These institutions have jointly defined the industry's underlying values, marking the U.S. crypto industry's shift to a "professionalized, ecological, and refined" era of policy gamesmanship.

DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


Uncovering YZi Labs 229 Investment: Over 18% of the portfolio is already inactive, with an average project transparency score of 78

In terms of strategic direction, YZi Labs has begun to extend into areas such as AI and stablecoins, but overall it is still in the layout and validation stage.

The business of crypto VC is becoming promising

Homogenized industries are ultimately fragile; only when different species can emerge does the market truly come alive.

China's AI Compute Power Counterstrike

The cost itself is the progress.

Popular coins

Latest Crypto News

Read more