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Elon Musk Mends Fences with CZ After Dogecoin-Related Twitter Scuffle

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Tue, 11/23/2021 - 19:00
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Alex Dovbnya
Elon Musk says that he doesn’t use Binance
Elon Musk Mends Fences with CZ After Dogecoin-Related Twitter Scuffle
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After bucking heads with Binance CEO Changpeng Zhao on Twitter, Tesla CEO Elon Musk clarified that he’s not a customer of the world’s largest exchange due to its complicated sign-up process.

Hence, the centibillionaire didn’t experience any inconvenience personally, adding that he simply wanted to speak out on behalf of Dogecoin holders.

As reported by U.Today, Musk tweeted at Zhao to find out about Dogecoin withdrawal issues on the exchange, describing them as “shady.”

In a follow-up tweet, the entrepreneur ramped up his criticism of the exchange, claiming that it should protect Doge holders from errors that are “not their fault.”

While apologizing for the glitch, Zhao also took a swipe at Musk by attaching an article about Tesla recalling 12,000 vehicles due to a false forward-collision warning.

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CZ then offered an olive branch, claiming that he had “overreacted” due to Musk using the word “shady” in his initial tweet, asking the Tesla boss to try using Binance.US.

In his response, Musk, whose fortune has once again topped $300 billion, said that this sounded good to him.

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.