Binance Founder CZ Exposes Fake AI-Generated Autobiography Scam

Changpeng Zhao (CZ), the founder of Binance, has issued a public warning about a fraudulent autobiography circulating online. The book, titled "Beyond Borders," falsely claims to be a firsthand account of CZ's life and career but was actually generated using artificial intelligence. CZ took to social media platform X to denounce the publication, urging his followers to remain vigilant against scammers leveraging AI technology to create counterfeit content. The fake book includes fabricated details about CZ's immigration and professional journey, potentially misleading readers and tarnishing his reputation. This incident highlights the growing risks of AI-generated misinformation in the cryptocurrency space, where trust and authenticity are paramount. CZ's swift response underscores Binance's commitment to transparency and security, as the exchange continues to combat fraudulent activities targeting its community. The crypto community is advised to verify sources and rely only on official channels for accurate information about industry leaders like CZ.

CZ Warns of Fake AI-Generated Autobiography Circulating Online

Changpeng Zhao (CZ), founder of Binance, has alerted the public to a fraudulent autobiography purportedly written by him. The book, titled "Beyond Borders," claims to be a firsthand account of his life and career but was generated using artificial intelligence. CZ took to X to denounce the publication, cautioning followers about scammers exploiting AI technology to create counterfeit content.

The fake book details CZ's immigration from Jiangsu to Canada, his rise from programmer to CEO of the world's largest cryptocurrency exchange, and his challenges with regulatory pressures. It also discusses leadership in decentralized systems, Binance's founding, and compliance hurdles. A suspicious platform offered the book for free, further raising red flags.

This incident highlights the growing misuse of AI in spreading misinformation within the crypto space. Investors and enthusiasts are advised to verify sources before engaging with such materials.

Ethereum Supply on Binance Drops to May Lows Amid Accumulation Signals

Ethereum has reclaimed the $3,500 threshold following a turbulent week of market-wide sell-offs and volatility. The rebound coincides with a striking on-chain trend: Binance's ETH reserves have dwindled to their lowest level since May, now hovering NEAR 0.0327 ETH. This sustained decline suggests a migration of coins from exchange wallets to long-term storage.

CryptoQuant data reveals a decoupling between price action and exchange dynamics. While ETH tested $4,500-$5,000 highs in late 2025 before retracing, Binance's balances have consistently eroded since mid-year peaks. Such supply contractions historically precede bullish cycles, as reduced liquid inventory alleviates sell pressure.