Changpeng Zhao, the former CEO of Binance popularly known as CZ, recently mocked CNBC host Jim Cramer's bearish outlook on altcoins with his proclamation of the start of an "alt season." Many altcoins have been lagging behind Bitcoin's recent gains but Dogecoin (DOGE) is the only one that has managed to outperform it over the past 24 hours. Cramer has been at odds with the crypto community over his advice to invest in Bitcoin over altcoins, leading to mockery from certain crypto enthusiasts. It is important to note that Cramer had warned about potential issues with Binance, something that has been vindicated by recent developments with CZ stepping down from the world's largest cryptocurrency exchange due to charges related to U.S. anti-money laundering regulations.



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