Binance’s CZ Offers OKX Founder $1 Billion Bet Over Divorce Dispute
Binance co-founder Changpeng Zhao (CZ) confirmed he’s formally divorced and supplied OKX founder Star Xu a $1 billion wager to show it.
The problem got here after Xu questioned CZ’s marital standing as a part of a broader dispute triggered by CZ’s 457-page memoir “Freedom of Money,” launched on April 8.
Star Xu Questions CZ’s Marital Status
Xu demanded that CZ produce a divorce settlement signed by each events.
He mentioned he would publicly apologize if CZ might current the doc. If not, he argued, the declare would quantity to public misrepresentation.
I usually ignore all these false claims and assaults. But… You can apologize now. I’m formally divorced,” wrote CZ.
CZ responded by confirming his divorce and proposing a everlasting wager of $1 billion. He said he wouldn’t share authorized paperwork on-line out of respect for his ex-wife’s privateness.
However, he supplied to have legal professionals confirm the settlement if Xu accepted the wager.
“I’m completely satisfied to wager $1 billion USD (or any quantity you select) that: I’m formally divorced (method earlier than immediately),” CZ added.
He gave Xu a 24-hour window to reply, including that silence would reveal who had been deceptive the general public.
A Feud Rooted in a Decade of Rivalry
The divorce dispute is the most recent entrance in a battle that dates again to 2014. CZ served as chief expertise officer at OKCoin, the predecessor to OKX.
Their falling out over equity, a Bitcoin.com area contract, and forgery allegations have resurfaced a number of instances.
CZ’s memoir additionally claims Huobi founder Li Lin instructed him in 2025 that Xu had reported him to Chinese authorities. Xu has denied that declare.
“Both OKX and Binance are regulated by a number of regulators. As the UBO of a regulated firm, publicly providing a $1 billion wager is hardly skilled conduct,” Xu responded to CZ’s invitation.
The OKX govt additionally known as on the eye of Binance’s regulators to CZ’s provide, questioning whether or not Changpeng Zhao’s Binance stake has been legally separated along with his ex-wife.
“Bill Gates and Jeff Bezos have already proven what correct asset separation appears like in a divorce,” he added.
Yi He, the co-CEO of Binance, is the long-term life associate (romantic and enterprise) and the mom of three of CZ’s kids. Reportedly, CZ has 5 youngsters whole, two from his earlier marriage.
They met in 2014 whereas working on the crypto alternate OKCoin (she recruited him), and have become a pair round that point, and co-founded Binance together in 2017.
Amid the continuing talks between CZ and Star Xu, Yi He has come to her personal protection, highlighting her position because the second largest shareholder and Co-CEO of Binance.
“I’m not some delicate spouse literature feminine protagonist; I’m the second largest shareholder and Co-CEO of Binance who continues to completely suppress opponents even after CZ stepped down,” she articulated.
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