In the midst of the conflict between OKX founder Xu Mingxing (Star) and Binance founder Changpeng Zhao, Binance co-CEO He Yi stepped forward with a rebuttal. Through X, he strongly criticized, "Xu Mingxing, either apologize, take legal action, or admit your lies.” He continued, "Xu Mingxing's side shifted the blame for last October's market crash to Binance and is manipulating public opinion by repeatedly spreading falsehoods. They are also branding Changpeng Zhao as a 'scammer' by pushing even BNB Chain memes as market manipulation. While criticizing competitors under the guise of compliance, their actual standards are unclear. Attacking personal matters and family crosses the line, and publicly criticizing a competitor and former employee and attempting to damage their image is problematic," he pointed out. Previously, Xu Mingxing raised suspicions about the truth of Changpeng Zhao's divorce, to which Changpeng Zhao countered the allegations by proposing a bet worth $1 billion.
