CZ’s ‘Poor Again’ Tweet Backfires as Nebraskangooner Slams Binance

Binance founder Changpeng “CZ” Zhao sparked a flurry of responses on Monday after tweeting “Poor again” following Bitcoin’s decline to $60,000 in early Asian trading hours on Friday. The comment came amid controversy over Binance’s role in last weekend’s market turbulence, including a sharp sell-off that briefly pushed Bitcoin below $75,000. Retail Frustration Boils Over CZ’s remark ignited a wave of responses from investors. One of the most pointed reactions came from popular crypto commentator, pseudonymously known as “Nebraskangooner,” who tweeted, “You dumped the market, and now you’re mocking everyone for being poor? Weird flex.” His response echoed frustration from retail investors who suffered losses while speculation circulated that Binance may have influenced the market decline. Earlier this week, CZ had addressed multiple allegations he labeled as “pretty imaginative FUD,” as he denied claims that Binance sold $1 billion in Bitcoin to trigger the sell-off and countered criticism that he single-handedly “canceled the crypto supercycle.” He clarified that Binance’s wallet balances indicate user deposits and withdrawals, not proprietary trading, and explained that the conversion of the exchange’s SAFU fund from stablecoins to Bitcoin would be executed gradually over 30 days. CZ also joked that if he had the power to control the supercycle, he would be “snapping his fingers all day long.” Despite these explanations, Nebraskangooner’s response points to the ongoing tension between retail investors and large exchanges. Several crypto community members also blamed Binance for last year’s October 10 crash, which wiped out billions in leveraged positions. Industry peers, including OKX founder Star Xu, had also pointed fingers at Binance following the event. Dismantling Fake Accounts The former Binance CEO recently dismantled a long-running misinformation campaign targeting him and the exchange. The campaign centered on a fake account named “Wei 威 BNB,” which pos...