Elon calls out CZ over Binance issue; CZ got piqued, went out of context

[buwaytress]

Doge transactions stuck for over a year? And Binance not paying out? How have I not heard of this? Naughty CZ! Surely all the wealth they have they can buy the Doge now and make those customers whole while fixing the issues with Doge devs?

Anyway. Two of the biggest egos in crypto space get snarky with each other. Just the latest chapter in cryptolandia, where exchanges no longer need to be professional as long as their CEOs meme it out on Twitter.

Why are we surprised?

[bbc.reporter]

Whatever the public opinion is(CZ definitely went off-topic), and while he's definitely going to get some hate from Elon/Tesla fanboys, this is freakin great marketing for Binance. Nothing's going to get you publicity than the cult leader being low-key attacked on social media lol.

This will clearly not be great marketing for Binance. The regulators are after them because Binance avoids jurisdictional compliance. They are also accused of insider trading and market manipulation. CZ does not need to give more reasons for regulators to send them a cease and desist order. Also, why did this need to come from Elon to fix the problem? They do not care about their users? It is a form of manipulation?

[estenity]

As they say, all's well that ends well.

It seems the issue between the two is through.


https://twitter.com/elonmusk/status/1463085111600205825

Indeed, CZ's reaction was brought about by Elon's wrong choice of word. Easily triggered like his birth country's CCP, CZ immediately got himself into a defensive stance rather than merely addressing the issue. Well, Elon's way of raising the issue itself had a little hint of accusation. Both have issues apparently.

Meanwhile, what's now left unresolved is the main issue. Doge holders are still waiting for their funds back.

as CZ himself says in the tweet, KYC process on binance is tedious.

[Woodie]

Missed this one but for all I can see Elon Musk was simply giving a voice to those aggrieved Binance customers by trying to get Binances position on the holdup which disrupted Doge withdraws...  and CZ should have referred him(Elon) to Binance who should have handed this better than he did which made this actually look shaddy with his responses. Anyway these two need to know that they are on the same side, team crypto...otherwise this is water under the bridge for now.