Elon Musk and the CEO of Binance had a Twitter argument after Musk dubbed the platform’s handling of the dogecoin bug “shady.”
Elon Musk, the CEO of Tesla and SpaceX, had a Twitter dispute with Changpeng “CZ” Zhao, the CEO of cryptocurrency exchange Binance, after Musk dubbed Binance’s handling of the dogecoin bug “shady.”
Binance temporarily halted dogecoin withdrawals on November 11 owing to a network update that caused a problem.
The crypto exchange stated that withdrawals would restart after the issue was rectified, but that the stoppage might remain until November 29.
HOW THE FUD BEGINS
“What’s going on with your Doge customers?” Musk, who has previously dubbed dogecoin his favourite cryptocurrency, tweeted Zhao in the early hours of Tuesday morning. “Sounds shady,” Musk further added.
On its official Twitter account, Binance responded that it was “not shady — just frustrating,” and that it was working on it.
“Doge holders using Binance should be protected from errors that are not their fault,” Musk replied to Zhao.
Zhao also responded to Musk on Twitter, saying that Binance was “pretty certain” that the issue was with the latest doge wallet, and apologising for any inconvenience it had caused.
He also mockingly asked, “What happened here?” after linking to a November 2 Guardian piece about Tesla recalling over 12,000 US vehicles due to a software error.
After which musk wrote, “I don’t use Binance (tried at one point, but signup was too many hoops to jump through), so no inconvenience to me personally. Just raising this issue on behalf of other Doge holders.”
After which Zhao apologized to Coinbase and Musk and told them he was triggered with the word “Shady”. And Musk replied “Sounds good” on it.
Musk and Zhao have a fud before also. Zhao told Bloomberg in February that he was astonished to learn that Musk was a supporter of dogecoin.
Zhao also remarked in a June interview that Musk should be more cautious with his cryptocurrency comments.
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