The chief executive of the world’s largest crypto exchange is countering the spread of new fear, uncertainty and doubt (FUD) amid unsubstantiated rumors that he is on Interpol’s “red notice” list.
An apparently doctored image that made rounds on Twitter shows a photo of Binance CEO Changpeng Zhao (CZ) on Interpol’s red notice web page, suggesting that the crypto titan is facing serious legal issues.
A red notice is a request to law enforcement worldwide to “locate and provisionally arrest a person pending extradition, surrender or similar legal action.”
According to CZ, the image is photoshopped.
How FUD starts, then… pic.twitter.com/spg9iiI8As
— CZ ? Binance (@cz_binance) April 3, 2023
Rumors that the Interpol is on the lookout for the whereabouts of CZ began when crypto influencer Cobie tweeted a SHA256 hash which contains an encrypted message, which read,
“Interpol Red Notice for CZ.”
Cobie himself says that the message was just an unlikely prediction and a rumor and that no one should have been able to read it.
“Have posted SHA256 hash of rumours >20 times in the last year without the secret being revealed – the point of a hash commitment scheme is nobody is supposed to be able to read them until after the secret is revealed…
Well, it’s a ‘prediction’ and a rumor. It’s obviously impossible for it to be inside info without their being literal leaks at Interpol which seems unlikely.”
Meanwhile, CZ urges crypto market participants to ignore unverified rumors and speculation.
“If you panic sell on FUD or photoshopped images, well, you aren’t likely to become rich. Block the FUD sources.”Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
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Featured Image: Shutterstock/WWWoronin