Changpeng Zhao, the CEO of the world’s biggest crypto exchange Binance, is known for his supportive nature when it comes to the crypto community and enthusiasts.
However, the entrepreneur is reportedly “harassing” a crypto enthusiast, according to Twitter posts. The crypto enthusiast, Ethereum Name Service (ENS) owner, and developer “Cryptofelon” took the matter to social media platform Twitter to reveal the whole conversation he had with the Binance team over email on behalf of Zhao.
The crypto enthusiast believes that CZ and his company are aiming to “rob him of his domain.”
This is the first time that the alleged conflict between the two has been made public. It had reportedly been going on since November last year. Because the ENS domain in question has been locked, Cryptofelon had to make the entire situation public on Twitter.
The argument started when Min Lin, an official for Binance, allegedly got in touch with him and offered to buy his ENS Domain, which belonged to a project website for Cryptofelon that was still under construction. After the latter rejected the former’s demand of 420 ETH for the domain, there was some quiet time.
Binance sent me a Cease and Desist letter, making several dubious claims
First being that I was infringing on their trademark in several classes. I’ll touch back on this more, however:
My domain/website had zero usage of their trademark whatsoever
No logo
No offerings
No colors pic.twitter.com/WUa3zqWfLd— cryptofelon (@cryptofelon) July 15, 2022
A few days later, Binance sent Cryptofelon a “Cease and Desist” letter for violating copyright. He further revealed that despite their claims of copyright infringement, his website contains no references to Binance through logos, symbols, or statements.
The domain has also been locked as Binance filed a lawsuit against Cryptofelon after a period of time. The developer claims that because he is a felon in the US and the action has been filed in a Canadian court, he is not authorized to present his defense in court.
While Binance has not made any comments on the matter, the story doesn’t add up, which means one of the two parties is not telling the whole truth.
As TheCoinRise reported, the think-tank-based Infrawatch PH in Phillippines recently urged regulators in the nation to crack down on Binance for a variety of reasons. On the other hand, Binance US has been gaining traction as a result of its recent declaration on no trading fees.
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