Binance founder Changpeng Zhao has accused major financial media outlets of being influenced by a common sponsor. In a social media post on October 1, Zhao questioned whether the Financial Times, Reuters, and Forbes are operating under the direction of a single entity. He suggested that these organizations might be collaborating, citing a supposed joint venture between the Financial Times and Reuters called the 'Tinfoil Hat Club,' which allegedly disseminates identical FUD (fear, uncertainty, and doubt) scripts with synchronized deadlines.