Binance co-founder Changpeng Zhao denies reports that his venture arm, YZi Labs, is planning to raise outside capital. | Credit: Getty Images. Key Takeaways CZ has denied FT reports about YZi Labs considering external fundraising. The Binance co-founder accused FT of publishing false narratives and misinformation. FT framed YZi as shifting from a family office to a broader investment fund. Binance co-founder Changpeng Zhao (CZ) has pushed back strongly against a Financial Times report suggesting t ...