Star Xu, the founder of crypto exchange OKX, just dragged up explosive allegations against Binance's Changpeng Zhao, claiming CZ forged employee contracts back in 2014 during his stint as OKCoin's CTO. Xu's tweet points to a YouTube video that allegedly shows login sessions into accounting systems, revealing chat logs and contract versions sent via QQ. One version included a controversial six-month termination clause, which Xu insists proves tampering.

Unearthing Digital Ghosts from Crypto's Wild Early Days

The video timestamps detail v7 and v8 contract iterations, dispatched in December 2014 and 2015, complete with passport scans and public QQ accounts for verification. CZ dismissed it all years ago, blaming a potential account hack by other OKCoin staff. This revival hits as crypto exchanges face tighter scrutiny, echoing scandals like FTX's collapse in late 2022 that still ripple through 2025's regulatory crackdowns.

Xu links to a 2015 Reddit post for the full backstory, questioning CZ's defense outright. Industry watchers see this as more than old beef— it underscores trust issues in cryptocurrency trading, where founders' pasts can haunt billion-dollar empires even in 2026's maturing market.