BlockBeats News, October 15th, Binance issued a statement stating that on October 14th, 2025, a post was made by CJ on the X platform containing false and defamatory accusations against Binance. These contents are clearly intended to mislead the community and attack the fairness of Binance’s listing process.
1. Binance does not profit from the listing process—the token allocation is for the benefit of Binance users.
Binance does not charge a listing fee; the requested collateral is to ensure user safety. This mechanism ensures that the project can continue to operate after listing. The collateral is usually refundable within 1 to 2 years based on specific conditions. CJ’s accusations are inconsistent with the so-called “Binance Proposal Terms” he himself disclosed.
2. The accusations regarding Binance and its founder selling tokens are also completely false and baseless.
3. The unauthorized and illegal public disclosure by CJ of confidential communications between him and Binance is shocking. This public disclosure damages the industry and the community’s understanding and trust in handling sensitive and confidential information.
Given the severity and unforgivable nature of CJ’s actions, Binance expressly reserves all rights, including taking legal action to protect Binance’s legitimate interests.
