Gate News, March 25 — CZ (Changpeng Zhao) posted on X platform warning that most so-called “listing services” in the crypto industry are scams. CZ clearly stated that anyone claiming to help projects get listed on major centralized exchanges (CEX) through connections should be considered high-risk, especially those who claim to “know CZ” or have “close internal relationships.”
CZ pointed out that in 99.999% of cases, these individuals are not part of his genuine social circle. Even if there is occasional contact, they are usually blocked immediately. He emphasized that the listing process typically relies on strict review mechanisms, including project compliance, technical capability, market performance, and community support, rather than personal relationships.
As the crypto market develops, scams involving “quick listings” and “internal channels” are becoming more common. Some fraudsters contact project teams via social media, induce them to pay high fees, and then disappear.
CZ’s public statement further reinforces the industry consensus: there are no shortcuts in the legitimate listing process. Analysts believe that project teams should prioritize official channels for communication, improve compliance and information verification capabilities, and reduce the risk of falling victim to crypto scams.
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