Binance CEO Dismisses Claims Of Being On Interpol's 'Red Notice' List, Says 'Photoshopped Image'

Cryptocurrency exchange Binance is currently grappling with a rumor that claims its CEO Changpeng Zhao, or CZ, is on Interpol’s “red notice” list. 

What Happened: The rumor started with an image that made the rounds on Twitter, showing a photo of CZ on Interpol’s red notice web page, indicating that the cryptocurrency magnate was in serious legal trouble. 

However, CZ himself has come forward to deny the rumors, claiming that the image was "photoshopped."

Interpol’s red notice is a request sent to law enforcement agencies globally to seek and provisionally arrest a person who is facing extradition or legal action.

See More: Top Indian Apps That Give Bitcoin, NFT Rewards

The speculation started after a doctored image featuring CZ on Interpol’s red notice web page surfaced on Twitter.

The rumors were further fueled by a SHA256 hash encryption message, but a crypto influencer Cobie later confirmed that it was just an unlikely prediction and a rumor.

"If you panic sell on FUD or photoshopped images, well, you aren't likely to become rich. Block the FUD sources," CZ added.

Binance is the world’s largest crypto exchange that allows trading of Bitcoin BTC/USD and Ethereum ETH/USD.

Price Action: At the time of writing, BTC was trading at $27,898, up 0.52% in the last 24 hours, according to Benzinga Pro.

Photo: Courtesy of Wikimedia Commons

Read More: Dogecoin, Ethereum Jump Even As Bitcoin Slides Below $28K: Analyst Sees Chance To Buy Meme Coin If Price Drops To $0.08 Levels

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CryptocurrencyNewsBinanceChangpeng Zhao
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!