Elon Musk and Changpeng Zhao rejected a social-media claim that Musk criticized Binance’s alleged control of approximately 80% of the cryptocurrency market and urged investors to move funds to rival platforms. Musk said he had not made such a statement and that the circulating content was fabricated, while Zhao told the account behind the post to stop spreading misinformation. The rumor resurfaced about a week after the pair exchanged comments about Musk’s reaction to Binance’s recent roughly $6 billion hack and amid speculation that they could make peace. The post, published by a crypto influencer account, cited no original statement and drew mixed reactions. Zhao also shared an answer from Grok, X’s AI chatbot, which found no matching post on Musk’s account and described the claim as fabricated. The episode followed earlier clashes between Musk and Zhao, including Musk’s late-October mockery of the Binance hack and a crash-day meme dispute, while highlighting the potential market impact of unsourced claims involving a major exchange. Binance users were already facing security concerns linked to North Korean hacking operations, and Strategy chairman Michael Saylor has separately warned that AI hackers targeting exchanges represent a growing industry threat.