PANews reported on December 22 that Binance co-founder CZ previously forwarded data on the X platform that the UAE holds $40 billion worth of Bitcoin released by a media outlet. Later, some people in the community questioned the data, believing that the relevant reports looked like AI-generated articles. In response, CZ said: "I also want to know how they came up with this exact number. The relevant data is difficult to collect and is higher than I expected, but then again, there are a lot of rich people there (UAE)."