Zhao Changpeng denied Forbes's logic in estimating his net worth, emphasizing that he has never shorted his stock or attempted to "suppress prices."

On March 12, CoinFeed reported that Binance founder Changpeng Zhao responded again to Forbes' previous valuation of his net worth at $110 billion in an article published on the X platform. Zhao stated that as a shareholder, he welcomes the increase in Binance's valuation, but the fact is that Binance's valuation cannot rise when crypto prices fall. As the largest crypto exchange, Binance rises and falls with the industry; a crypto winter means reduced trading volume, and lower prices lead to decreased transaction fee revenue. For this obvious reason, Binance and he himself have always hoped for industry growth and higher prices for mainstream crypto assets. He stated that he has never shorted or attempted to "suppress prices," and even after stepping down from managing Binance, he continues to promote cryptocurrencies to governments in many countries. Zhao stated that while he appreciates Forbes' high praise of Binance, extrapolating his net worth increase based on Binance's recent valuation growth lacks logic in his view.