ALBAWABA — Elon Musk has rejected a viral claim that he urged cryptocurrency users to move their funds away from Binance, after the exchange’s co-founder Changpeng “CZ” Zhao challenged the post.
“Yeah, I never wrote anything like that. This is made up,” Musk wrote in a reply on X.
The post, published by the account That Martini Guy, falsely attributed criticism of Binance’s market dominance to Musk. It claimed he believed the exchange controlled 80% of the crypto market and that shifting funds to competitors could encourage competition and help trigger a bull run.
That market-share figure was part of the disputed post, not an independently established fact in the reporting.
@cz_binance @MartiniGuyYT Yeah, I never wrote anything like that. This is made up.
Zhao responded by challenging the account’s accuracy and sharing a screenshot of an answer from Grok, the chatbot built into X, which disputed the attribution. Musk then directly denied making the statement.
According to The Crypto Times, That Martini Guy subsequently attributed the post to an account manager and apologized to Musk. The account also asked whether it should delete the post or leave it visible so readers could see the correction.
The exchange turned a supposed billionaire-backed call to abandon Binance into a public retraction by the account that circulated it.
Osama Ali is an accomplished English content writer and news writer. With a strong command of language and a flair for storytelling. His expertise lies in delivering accurate and well-researched news pieces, ensuring that information is presented clearly and concisely. A dedicated professional who stays up-to-date with the latest trends in the English writing industry, consistently producing high...
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