🔴🔴 Breaking 🔴🔴
Binance founder Changpeng Zhao (CZ) has reportedly gone missing after being swept away by a strong rip current while surfing at a beach in Dubai. Search and rescue operations are currently ongoing.
Published: May 24, 2026 — 23:58
Source: Global Times / Huanqiu Web.
"On the afternoon of May 24 local time, a drowning incident reportedly occurred at a public beach in Jumeirah, Dubai. Changpeng Zhao, founder of the globally recognized cryptocurrency exchange Binance, was surfing near the shoreline when he was caught in a powerful rip current and pulled into deeper waters. Individuals accompanying him immediately contacted emergency authorities.
According to eyewitnesses and beach security personnel, sea conditions initially appeared calm, but the rip current was reportedly extremely strong. CZ was allegedly dragged toward open waters within seconds and disappeared from view shortly afterward.
Local coast guard teams and maritime rescue authorities rapidly launched a large-scale search operation involving speedboats, drones, and rescue helicopters.
As of 11:00 PM Beijing time on May 24, rescue teams were still continuing intensive search efforts."