BlockBeats News, October 15th, Binance issued a statement noting a post published on X platform by CJ on October 14th, 2025, 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—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 under specific conditions. CJ's accusations are contradictory to the so-called "Binance Proposal Terms" he himself disclosed.
2. The accusations regarding Binance and its founder selling off tokens are equally unfounded and baseless.
3. The unauthorized and illegal disclosure by CJ of confidential communication between him and Binance is shocking. This public disclosure damages the entire industry and the community's understanding and trust in handling sensitive and confidential information.
Considering the seriousness and unforgivable nature of CJ's actions, Binance expressly reserves all rights, including taking legal action to protect Binance's legitimate interests.