Binance CEO Changpeng ‘CZ’ Zhao has unfollowed Elon Musk on Twitter, according to reports.
A tweet from Big Crypto Alert posted on Saturday 13 May revealed that the Binance co-founder is no longer a follower of the Tesla and SpaceX boss.
In response to a thread on Breaking Whale, some Twitter users have given their theories on why CZ has removed Musk.
Another mused: “That’s 1st good news that I’ve heard all week. CZ recognizes Elon just signed away his platform to WEF, who are starkly opposed to decentralized finance unless they control it with CBDCs. CZ is actually for the people, Elon is trying to psyop the people as controlled opposition.”
However, one tweet offers a more simpler explanation: “Because he is not CEO anymore, he’ll be following @lindayacc.” Linda Yaccarino happens to be the new boss of Twitter.
Binance and Twitter
Last October, Binance invested $500m in Twitter, supplementing Musk’s $44bn takeover of the social media giant.
In a statement at the time, CZ had said: “We’re excited to be able to help Elon realize a new vision for Twitter. We aim to play a role in bringing social media and web3 together in order to broaden the use and adoption of crypto and blockchain technology.”
At the time of writing on 15 May, Binance’s BNB coin was trading at $315.46, up 0.94% in the last 24 hours.