Changpeng Zhao has denied any involvement in a purported $35 million ASTER token transfer, a claim on-chain analysis have confirmed was based on manipulated screenshots. Summary Blockchain analyst @ai_9684xtpa confirmed the screenshot was manipulated, showing past-week transactions to mimic a recent sale; the wallet address is publicly verified as Binance-controlled. Similar accusations have targeted Changpeng Zhao before, including speculation around the TST memecoin, but this instance uniquely involved fabricated images rather than actual trades. Binance founder Changpeng Zhao denied his involvement in a purported $35 million transfer of Aster (ASTER) tokens. In a recent post on X, CZ suggested that the allegation stemmed from a KOL who shared a screenshot that was digitally manipulated. It's crazy that a KOL with 140k following will photoshop fake images and post it publicly. Just click baiting, fud, or trying to buy low himself?These people/liars don't care about their own reputation. They will likely be poor.The blockchain is a permanent public record. https://t.co/YMFwNt3SuC — CZ 🔶 BNB (@cz_binance) October 31, 2025 Blockchain analyst @ai_9684xtpa corroborated CZ’s statement, noting that the viral screenshot had manipulated past-week transactions between Binance hot wallets to create the appearance of a morning sale. The address in question, 0x889…2D4E3, is publicly verifiable as a Binance-controlled wallet. CZ 抛售 3000 万刀 $ASTER ？@cz_binance 一眼假，这位朋友的 P 图技术不错1️⃣ 时间：将过去一周币安热钱包之间流转的交易 P 成了今天一早2️⃣ 地址：将热钱包 0x889…2D4E3 P 成了 CZ 关联地址https://t.co/t0nw0iH6WEDon't trust. Verify. https://t.co/JyMtHrOJfe pic.twitter.com/leZhO3yWgz — Ai 姨 (@ai_9684xtpa) October 31, 2025 You might also like: Satoshi Nakomoto Bitcoin holdings down $4.9b amid massive crypto sell-off Accusations of Changpeng Zhao engaging in suspicious token activity are nothing new. However, this instance was unique in that it involved fabricated images. A similar situation arose with the TST memecoin, which initially launched to demonstrate how to launch such tokens but which quickly gained speculative traction. On 30 May, TST price plummeted over 40% almost instantly after an anonymous whale sold $6–7 million worth of the token, representing over one-tenth of the coin’s total $55 million market cap. Some speculated that CZ was involved, despite there being no evidence linking him to the transaction. You might also like: CZ receives more BNB after LIBRA donation, pledges to aid TST and BROCCOLI victims