Amid the conflict between OKX founder Xu Mingxing (Star) and Binance founder Changpeng Zhao, Binance co-CEO He Yi stepped forward to refute. He strongly criticized on X, saying, "Xu Mingxing, either apologize, take legal action, or admit your lies." He continued, "Xu Mingxing's side is blaming Binance for the market crash in October last year and manipulating public opinion by repeatedly spreading falsehoods. Furthermore, they are even labeling BNB Chain memes as market manipulation and branding Changpeng Zhao as a 'scammer.' While criticizing competitors under the guise of compliance, their actual standards are unclear. Attacks that even bring up personal and family matters are crossing the line, and public criticism and attempts to damage the image of a competitor and former employee are problematic," he pointed out. Previously, Xu Mingxing raised suspicions about the truthfulness of Changpeng Zhao's divorce, to which Changpeng Zhao countered the allegations by proposing a bet worth $1 billion.
