OKX CEO Star Xu publicly challenged claims by Binance founder Changpeng Zhao about selling a house to buy Bitcoin, raising questions about ownership and financing. Shaw shared these remarks after the release of the book CZ. He said the story omitted key details and old disputes related to OKCoin resurfaced.
Star Xu wonders about Czechoslovakia’s Bitcoin purchase story
Star Xu disputed CZ’s claim that he sold his apartment for $900,000 to buy Bitcoin at $400. He asked where the down payment came from and who owned the property. Czechoslovakia has built a fortune in cryptocurrencies.
CZ from Binance said that when he first got into Bitcoin, he sold his apartment for $900,000 to buy it at $400.
Even though he didn’t have a job at that time.
Buy the dip and never sell your Bitcoin. 🚀 pic.twitter.com/XW1ukQUjod
– Zenkai Crypto (@zenkaixbt) April 8, 2026
As Coingape reported, CZ is among some of the cryptocurrency leaders who have been in Forbes billionaires list for 2026. Additionally, Shaw suggested that the house may have been owned by Czechoslovakia’s in-laws, not Czechoslovakia himself. He also raised concerns about how the story was repeatedly presented publicly.
According to the Star Show, V.I Share XThe narrative ignores the role of family members who supported Czechoslovakia during that period. He added that filming might ignore the feelings of elderly in-laws.
Shaw also said he had avoided discussing these matters publicly in the past. But he said a recent book forced him to respond. He described the book as containing lies about its history. As a result, he reconsidered details he had previously chosen not to reveal.
The dispute extends to personal and legal claims
Star Xu also raised questions about Czechoslovakia’s social situation, pointing out inconsistencies in public statements. He referred to reports published by a major media outlet, which included a letter submitted by Czechoslovakia’s wife. In that letter, she reportedly referred to them as husband and wife.
However, the CEO of Top crypto exchange OKX said CZ described their relationship differently in interviews and his book. He asked whether a divorce had occurred and, if so, whether the assets had been legally divided. Shaw pointed to examples related to Jeff Bezos and Bill Gates, who followed legal procedures during their divorce.
Xu also stated that he would issue a public apology if CZ submitted a signed divorce agreement. Otherwise, he said, the divorce claims would amount to public misrepresentation.
The old OKCoin dispute is resurfacing
Star Xu also revisited a 2015 controversy involving a contract tied to early Bitcoin investor Roger Ver. At the time, allegations of contract fraud surfaced during CZ’s tenure at OKCoin.
The Binance founder addressed the episode in his book, denying any wrongdoing. He described the conflict as a dispute over leadership and vision, not misconduct. However, the Star Show rejected this account and said that previously published evidence still stands.
Star Xu referred to archived materials and a documented video that was shared online years ago. He also referred to CZ’s previous response, where CZ suggested that his QQ account may have been accessed by another employee. Shaw disputed this interpretation and insisted that the evidence had not changed.
