A recent post makes several serious accusations about CZ and Binance. Let’s separate facts from narratives.
❌ Claim 1: “CZ mocks retail traders and doesn’t understand being poor.”
Fact:
CZ’s “Poor again” post has been a long-running self-deprecating meme in crypto, historically posted during market downturns — including when Bitcoin dropped from ~$67k to ~$30k and later recovered strongly.
It’s commentary on market cycles, not an attack on retail.
➡️ Context matters. Removing it changes the meaning.
❌ Claim 2: “Binance is a bucket shop that manipulates markets.”
Fact:
Binance is the largest centralized exchange by volume, used by millions of retail users globally.
Market movements are driven by:
Global liquidityMacroeconomic factorsLeverage across all exchanges
No regulator or court has proven Binance manipulates markets.
➡️ Accusation ≠ evidence.
❌ Claim 3: “Binance washes trades to maintain dominance.”
Fact:
Binance trading data is:
Publicly visibleContinuously analyzed by third-party firmsClosely monitored by regulators in multiple jurisdictions
If systematic wash trading existed at scale, it would be provable, not speculative.
➡️ Market leadership alone is not proof of manipulation.
❌ Claim 4: “Binance lists scam tokens intentionally.”
Fact:
Every major exchange — without exception — has listed projects that later failed.
Binance:
Uses risk disclosuresDelists projects regularlyWarns users repeatedly that crypto is high risk
➡️ Project failure ≠ exchange fraud.
❌ Claim 5: “CZ came out of jail thinking he’s a hero.”
Fact:
CZ publicly:
Accepted responsibilityStepped down as CEOPaid penalties as part of a legal settlementPardoned by US administration
Since then, Binance continues operating with:
New leadershipIncreased complianceGreater regulatory oversight
➡️ That’s accountability, not arrogance.
🧠 Final Thought
Criticism is healthy.
Character assassination without evidence is not.
If Binance were truly what critics claim:
It wouldn’t still be operatingIt wouldn’t be under constant global scrutinyIt wouldn’t remain the most used exchange by retail
Facts > Feelings. Always.
#FactCheck #BİNANCE #CZ