CZ's New Memoir Prompts Star Xu to Dust Off 'Habitual Liar' Label in Latest Feud Chapter

CZ's memoir is here, and Star Xu is not having it.

Changpeng "CZ" Zhao's new book "Freedom of Money," released April 8, has reignited his long-running beef with OKX founder Star Xu. In the memoir, CZ revisits a contract dispute at OKCoin and claims rivals tried to undermine him with FUD, portraying him as an inept CTO.

CZ also claimed that Huobi founder Leon Li told him in 2025 that he believed Xu had reported him to authorities years earlier.

Xu fired back on X, calling CZ a "habitual liar" and disputing multiple claims in the book. He resurfaced OKCoin's 2015 rebuttal of CZ's earlier allegations, including a notarized chat video showing an OKCoin accountant's QQ account being accessed in front of a notary. The video purports to display CZ sending two versions of a Bitcoin.com agreement (v7 and v8) on Dec. 16, 2014, with the controversial six-month termination clause appearing in v8.

CZ's explanation at the time? He rarely used QQ and another OKCoin employee might have logged into his account and fabricated the chat history.

Xu also called out CZ for allegedly lying about whether he "personally manipulated the market" and whether he "acted as a tainted witness to report Justin Sun."

The memoir also revisits October 2020, when OKX (then OKEx) paused customer withdrawals for five weeks while Xu was reportedly under "soft arrest" in China. CZ contrasted this with Huobi's decision not to halt withdrawals during Li's detention a month later, suggesting Huobi "had a better wallet setup."

Xu called that claim "purely false information."

CZ had not publicly responded by publication time. Cointelegraph reached out to both parties for comment but had not received responses by publication.