When CJ Hetherington revealed the token listing terms Binance allegedly offered his startup, the crypto world exploded.
In this episode, CJ, founder of prediction market app Limitless, and his investor Nick Tomaino of 1confirmation join Laura to discuss why he went public, how Binance responded, and what the incident reveals about the power dynamics between exchanges and builders.
The conversation tackles how retail gets dumped on, why transparency is the next frontier for crypto, and why both guests agree that the “revolution won’t be centralized.”
Guests:
Links:
Timestamps:
🔥 0:00 Introduction
🗣️ 2:24 Why CJ decided to reveal Binance’s alleged listing terms
🏗️ 8:44 Why he built Limitless on Base
🤝 9:11 Whether Base coordinated with CJ before he went public
💥 13:04 How the crypto world reacted to CJ’s viral tweet
🧨 15:00 Whether Binance exploits projects and founders
💸 18:06 How short-term founders dump on retail investors, per CJ
📢 23:18 Binance’s response—and why they called CJ’s claims false
🔍 25:38 Why CJ and Nick say Binance needs far more transparency
⚠️ 30:42 Whether CJ fears retaliation for calling out the world’s biggest exchange
🤔 33:48 Why he doesn’t buy Binance’s claim that its policies “protect users”
💫 39:36 Why Nick is urging crypto founders and users to “believe in something”
🚀 42:03 CJ’s plan to build an “army of token holders” and make Limitless succeed
🪙 48:25 Inside Limitless’s community token sale
📈 50:34 What Nick learned from Polymarket’s rise as an early investor
👀 54:10 Coinbase adding BNB to its listing roadmap
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