Not a day goes by without any drama in the crypto-space. The latest such episode involves Binance and CEO CZ.
In a major Twitter thread, developer “Cryptofelon” has claimed that CZ is harassing him with a hostile takeover. According to him, Binance Founder and CEO CZ is attempting to “rob him of his domain.”
The issue actually stretches back to November 2021 and recently resurfaced again after his domain got locked.
In fact, the developer went further to assert that Binance’s CZ is threatening the decentralization of the crypto-market. He alleged that Binance is attempting to threaten/demand him to turn over his domain for free.
The issue, he claimed, began in November 2021 when Binance executive Min Lin allegedly contacted him. Min Lin offered a proposal to acquire his domain, but was put off by his demand of 420 ETH. After a couple of days, however, Binance issued a “Cease and Desist” letter against him over trademark infringement allegations, among others.
<p lang=«en» dir=«ltr» xml:lang=«en»>Binance sent me a Cease and Desist letter, making several dubious claimsFirst being that I was infringing on their trademark in several classes. I’ll touch back on this more, however:
My domain/website had zero usage of their trademark whatsoever No logo No offerings No colors pic.twitter.com/WUa3zqWfLd
— cryptofelon |
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