Divorce Papers? Nah, Here's a $1B Bet: CZ Goes All-In on Bachelor Status

Binance co-founder Changpeng Zhao confirmed he's officially divorced and challenged OKX founder Star Xu to a $1 billion wager to prove it.

The bet came after Xu questioned CZ's marital status, reigniting a feud sparked by CZ's 457-page memoir "Freedom of Money," released April 8.

"I typically ignore all these false claims and attacks. But… You can apologize now. I am officially divorced," CZ wrote on X. "I won't post any legal docs online, as I respect privacy of my ex-wife, and I appreciate the time we spent together."

Xu had demanded CZ produce a signed divorce agreement, promising a public apology if the document materialized. Otherwise, he argued, CZ's claim would constitute public misrepresentation.

CZ responded by confirming the divorce and proposing an unusually large permanent wager. He declined to share legal documents publicly but offered to have lawyers verify the agreement if Xu accepted the terms.

"I am happy to bet $1 billion USD (or any number you choose) that: I am officially divorced (way before today)," CZ added.

He gave Xu a 24-hour window to respond, noting that silence would reveal who had been misleading the public.

A Feud Rooted in a Decade of Rivalry

The divorce dispute marks the latest chapter in a conflict dating back to 2014. CZ served as chief technology officer at OKCoin, the predecessor to OKX. Their falling out over equity, a Bitcoin.com domain contract, and forgery allegations have resurfaced multiple times.

CZ's memoir also claims Huobi founder Li Lin told him in 2025 that Xu had reported him to Chinese authorities. Xu has denied that claim.

"Both OKX and Binance are regulated by multiple regulators. As the UBO of a regulated company, publicly offering a $1 billion bet is hardly professional conduct," Xu responded.

The OKX executive also called on Binance's regulators to examine whether Changpeng Zhao's Binance stake has been legally separated with his ex-wife.

"Bill Gates and Jeff Bezos have already shown what proper asset separation looks like in a divorce," he added.

Yi He, Binance's co-CEO and CZ's long-term life partner (and mother to three of his children), has also entered the fray, clarifying her role as the second largest shareholder and Co-CEO of Binance.

"I'm not some delicate wife literature female protagonist; I'm the second largest shareholder and Co-CEO of Binance who continues to fully suppress