Changpeng Zhao, known on X as @cz_binance, said users should avoid paying high prices for counterfeit items on platforms such as Xianyu and instead obtain authentic merchandise for free through official events. The message was framed as a user protection reminder, aimed at reducing the risk of counterfeit-related fraud while steering people toward formal participation channels within the ecosystem. Zhao did not outline any specific product categories in the post cited by Techub News. He also did not provide a timetable, eligibility rules, or instructions on how users can join the events. As of now, the official side has not disclosed further details about the events or how participation will work.
Techub News reported that Changpeng Zhao, posting from @cz_binance, urged users not to spend large sums on counterfeit goods sold on platforms such as Xianyu.
Zhao said users can receive authentic items for free by taking part in official events. The reminder was intended to protect users from counterfeit-related fraud and direct them to official channels for participating in the ecosystem.
No further details about the events or participation methods have been disclosed so far.
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