{"id":65391,"date":"2023-11-23T17:17:59","date_gmt":"2023-11-23T21:17:59","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=65391"},"modified":"2023-11-23T17:18:08","modified_gmt":"2023-11-23T21:18:08","slug":"x-restricts-czs-account-citing-platform-violation","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/x-restricts-czs-account-citing-platform-violation\/","title":{"rendered":"X Restricts CZ\u2019s Account Citing Platform Violation"},"content":{"rendered":"\n<p>The former CEO of Binance, Changpeng &#8220;CZ&#8221; Zhao, had his account restricted by <a href=\"https:\/\/coinscreed.com\/staging\/the-top-web3-social-media-platforms-in-2024.html\" target=\"_blank\" rel=\"noreferrer noopener\">social media platform<\/a> X (formerly Twitter) after the platform implied he \u201cpotentially violated the X Rules\u201d by changing his profile name.&#8221;<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"989\" height=\"555\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/image-92.png\" alt=\"X Restricts CZ\u2019s Account Citing Platform Violation\" class=\"wp-image-65398\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/image-92.png 989w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/image-92-300x168.png 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/image-92-768x431.png 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/image-92-18x10.png 18w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/image-92-750x421.png 750w\" sizes=\"(max-width: 989px) 100vw, 989px\" \/><figcaption class=\"wp-element-caption\">X Restricts CZ\u2019s Account Citing Platform Violation<\/figcaption><\/figure>\n\n\n\n<p>X users could only access CZ's account for a limited time on November 23 by selecting a button indicating that access was &#8220;temporarily restricted.&#8221; A settlement with United States authorities in which he pled guilty to a single felony charge entailed Zhao's resignation as CEO of cryptocurrency exchange Binance on November 21.<\/p>\n\n\n\n<p><a href=\"https:\/\/coinscreed.com\/staging\/binance-gets-new-ceo-after-changpeng-zhao-steps-down.html\" target=\"_blank\" rel=\"noreferrer noopener\">Former Binance CEO Zhao<\/a> speculated in a November 23 update that the restriction was an automated reaction to his profile name change from &#8220;CZ Binance&#8221; to &#8220;CZ BNB&#8221;:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThe X bot detection algo needs some work, [Elon Musk]. It doesn\u2019t detect the bad bots, and wrongly targets the real humans.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"728\" height=\"831\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/image-91.png\" alt=\"\" class=\"wp-image-65394\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/image-91.png 728w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/image-91-263x300.png 263w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/image-91-11x12.png 11w\" sizes=\"(max-width: 728px) 100vw, 728px\" \/><\/figure>\n\n\n\n<p>It is unknown whether CZ, a notoriously active social media platform user, will reduce the number of posts following his resignation as CEO of Binance. <\/p>\n\n\n\n<p>Richard Teng, the global director of regional markets for the cryptocurrency exchange, has taken on the leadership position. However, compared to Zhao, Teng has a modest 231,600 followers on X.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<div class=\"embed-twitter\"><blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">I want to get even more connected with the <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#Binance<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a> community on \ud835\udd4f.<br><br>Who should I follow?<\/p>&mdash; Richard Teng (@_RichardTeng) <a href=\"https:\/\/twitter.com\/_RichardTeng\/status\/1727675586988937626?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">November 23, 2023<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/div><\/figure>\n\n\n\n<p>The United States Department of Justice settled with Binance on November 21 for $4.3 billion, mandating CZ to pay $150 million in civil cases with regulators. In addition, the former CEO of Binance consented to a single felony charge about neglecting a functional <a href=\"https:\/\/www.sec.gov\/about\/offices\/ocie\/amlsourcetool\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">anti-money laundering<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a> initiative.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The former CEO of Binance, Changpeng &#8220;CZ&#8221; Zhao, had his account restricted by social media platform X (formerly Twitter) after the platform implied he \u201cpotentially violated the X Rules\u201d by changing his profile name.&#8221; X users could only access CZ&#8217;s account for a limited time on November 23 by selecting a button indicating that access [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":65398,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[5407,15583,17333],"class_list":["post-65391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-changpeng-zhao-cz","tag-x-2","tag-violation"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2023\/11\/image-92.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/65391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=65391"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/65391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/65398"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=65391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=65391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=65391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}