Musk responded to Zhao Changpeng, stating that he has never criticized Binance's market dominance

Community users have posted that Musk once criticized Binance for holding about 80% of the cryptocurrency market share, believing that its dominance hinders industry development.

Binance co-founder Changpeng Zhao responded that this statement is false information and called on the poster to stop spreading untrue content. Musk then replied to Zhao, stating that he has never published related content and that the information is fabricated.