Binance CEO Changpeng Zhao (CZ) has criticized recent news reports claiming that former Binance.US CEO Brian Brooks was voted out by the Binance board. CZ called the quality of research, validation, and logical thinking in the reports "appalling," stating that a single vote holding out of three would not be enough to stop anything if it was a board vote.

He also pointed out that Brian S. is a CEO and not a venture capitalist or any other type of investor, suggesting that the reports were simply spreading FUD (fear, uncertainty, and doubt).