Changpeng Zhao (CZ) Strikes Back At Furious Investors: Is Binance Being Targeted By A 'Coordinated Attack?'

Key Takeaways

• CZ faced backlash for advocating a “hold and wait” strategy, arsenic respective Binance-listed tokens sharply declined aft archetypal hype.

• He dismissed the disapproval arsenic a coordinated attack, citing aggregate posts from unfamiliar accounts that appeared strikingly similar.

• The assemblage remains divided: supporters presumption the backlash arsenic FUD manipulation, portion critics impeach him of providing misleading guidance.

Founder Changpeng Zhao (CZ) has responded to mounting disapproval of some himself and Binance, describing the attacks arsenic targeted and coordinated.

Much of the backlash has played retired connected societal media, peculiarly X, focusing connected his long-standing proposal for investors to “buy and hold” oregon “hold and wait” during periods of marketplace volatility.

CZ straight addressed the backlash connected Jan. 28 via X, dismissing the criticisms arsenic a “coordinated attack.”

The Binance laminitis replied to a supportive post, challenging wherefore radical blamed him for investors’ decisions:

“There is immoderate coordinated onslaught recently, picking that arsenic a topic… Lots of accounts I don’t admit abruptly tweet astir transcript and paste connected the aforesaid topic.”

He suggested that organized FUD campaigns were astatine play, echoing views from assemblage members who argued that marketplace movements are driven by liquidity and narratives, not CZ alone.

This isn’t the archetypal clip CZ has faced specified allegations. He has referenced akin patterns successful the past, including a cryptic remark during a 2025 Cloudflare outage and claims that the October marketplace clang was orchestrated by insiders.

CZ besides emphasized idiosyncratic responsibility, reflecting the archetypal station helium replied to:

“Don’t you bash your ain research? Don’t you marque your ain decisions?”

Critics reason that CZ’s guidance has misled the community, contributing to important losses—especially for tokens listed connected Binance, which often falter aft archetypal hype.

Memecoins and different tokens, similar ASTER, person seen melodramatic pumps followed by crashes, leaving retail investors astatine a loss.

The caller uproar surrounding Binance reflects broader frustrations with the exchange’s operations.

A large flashpoint was the Oct. 10–11, 2025, crypto marketplace crash, which immoderate analysts person described arsenic a imaginable “coordinated hit” connected Binance.

During the event, altcoins’ marketplace capitalization dropped by up to 54%, triggering $20–100 cardinal successful liquidations.

Users reported level glitches, delayed trades, and unfair liquidations, compounding losses.

Accusations of insider manipulation besides emerged, including compromised marketplace shaper accounts that allegedly fueled artificial pumps successful tokens like: