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OKX Founder Star Xu Calls Binance CEO CZ Habitual Liar Over $1 Billion Bet

10 April, 2026.Crypto.7 sources

Key Takeaways

Star Xu publicly calls CZ a liar, reviving decade-old allegations.
$1 billion bet between CZ and Star Xu intensifies public spat.
CZ's memoir sparked renewed old allegations against him.

Decade-Old Feud Rekindled

The longstanding feud between OKX founder Star Xu and Binance founder Changpeng Zhao reignited after Zhao published his prison-penned memoir.

“Star Xu calls CZ a ‘liar’ as founders of world’s largest crypto exchanges argue over past allegations The dispute between the crypto exchange founders, which included a $1 billion wager from CZ, revives allegations dating back 11 years to Zhao’s time at OKCoin”

@coindesk

Xu accused Zhao of being a habitual liar over a decade-old contract dispute from Zhao's 2015 stint at OKCoin.

@coindesk

Zhao responded that he had publicly denied forging contracts in 2015 and detailed problems he saw at OKCoin.

The dispute escalated into personal territory when Xu questioned Zhao's marital disclosures.

Zhao challenged Xu to a $1 billion bet that the divorce had been finalized.

Xu rejected the wager, citing compliance considerations tied to running a regulated exchange.

The $1 Billion Bet

The $1 billion wager became the focal point of the feud.

Xu declined, citing the illegality of gambling and professional obligations.

Blockonomi

Yi He publicly taunted Xu to engage.

The dispute touched on the largest source of CZ's personal wealth.

The public spat drew sharp reactions from crypto commentators.

Roots of the Dispute

The feud traces back to 2014 when CZ worked at OKCoin before leaving under contested circumstances.

“Home / News / Crypto / News / Changpeng Zhao (CZ) vs Star Xu Explodes Again—$1 Billion Bet and Old Allegations Resurface News Changpeng Zhao (CZ) vs Star Xu Explodes Again—$1 Billion Bet and Old Allegations Resurface Published 10 April 2026”