COINOTAG News reported on December 8 that investor Xue Manzi shared a retrospective about Binance’s early development on X, shedding light on the exchange’s formative years and the broader market context for readers tracking crypto industry history.
The post recounts a claim that in June 2014, CZ met He Yi — then a co-founder and marketing lead at OKCoin Global — at a Shanghai blockchain meetup. According to the anecdote, the pair spoke for hours about Bitcoin philosophy and how an exchange would operate, with He Yi inviting CZ to join OKCoin Global as CTO.
CZ has pushed back on these details, saying the article contains inaccuracies and that their initial interaction was merely a brief greeting rather than a prolonged discussion. The exchange cautions readers to treat such retrospective narratives with caution until verifiable records emerge, emphasizing that credible coverage should rely on corroborated sourcing.