UpOnly podcast host Jordan Fish, also known as Cobie, recently caused a stir in the crypto community when he spread rumors that Changpeng Zhao, CEO of Binance, had received a Red Wanted Order from Interpol. The rumor was originally posted in an encrypted Twitter tweet that, when decoded, read: "Interpol Red Wanted Order for CZ."
The tweet was posted on Cobie's Twitter account, which is currently protected, meaning that only approved followers can see any other, comments he may have made about him. this problem. The rumor was then further spread by a hyuktrades Twitter account, who initially said he would be withdrawing from Binance in response to the event, but has not commented since.
However, Interpol's website does not list a public Red Notice for Changpeng Zhao from March 3, when the red warrant was rumored to have been issued.
Changpeng Zhao responded to the rumor by tweeting: “Another FUD Begins… I feel sad for those vulnerable to FUD and unable to verify for themselves…” FUD, or “fear, uncertainty and doubt,” is a common term used in the crypto community to refer to rumors and misinformation that can cause panic and lead to volatility market. Changpeng Zhao's answer shows that he is convinced that the rumor about Interpol's Red Wanted Order is untrue and that it is just FUD.
This incident highlights the need for individuals and organizations in the crypto community to be vigilant in their use of social media and verify information before sharing it with others. Misinformation can have serious consequences, and it's important to take steps to prevent it from spreading.
A red notice is officially issued by the Secretary-General of Interpol at the request of a member state or an international court based on a valid national arrest warrant. A red notice is not an international arrest warrant. Red notices are issued to individuals who are being sought for prosecution or arrest. They are therefore considered innocent until proven guilty (in other words, convicted).
At the time of writing, Binance’s BNB token price is trading at $308 with a slight decrease of 0.9% over the past 24 hours. Previously, FUD affected the token to a low of $299 before recovering quickly.