CZ, the ex-CEO of Binance, had quite the surprise when the TST meme coin, created as a test token for a BNB Chain tutorial, somehow ended up listed on Binance and reached a market cap of over $35 million before crashing down. CZ clarified that he had no idea how TST got listed and that it was not endorsed by him or Binance. He also couldn't help but point out the irony of the situation, saying "I don't know for sure. I am entirely NOT involved in their listing process. It was just a test token used in a video tutorial."
To add insult to injury, the creators of TST even used Binance's logo without permission, which CZ called out as infringement. CZ also expressed his concerns about Binance's listing process, calling it "a bit broken" and expressing concern about the price manipulation that can occur in the four hours between the announcement and the actual listing. He also advised users to focus on their projects and not just exchanges, while admitting that he is not a meme coin expert and is not "into" or against any meme coins.
Overall, it seems like CZ has his hands full dealing with the unexpected listing of TST and the broader issues it raises about the meme coin space. But, as always, he is taking it all in stride and keeping a sense of humor about it. It's like that old saying goes, "you can't make an omelette without breaking a few eggs...or accidentally listing a meme coin on your exchange."
