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Shark Tank's investor Kevin O'Leary hit back against Changpeng Zhao, calling him a "liar," in reply to a recent interview where the Binance CEO called O'Leary's claims at a Senate hearing this week "nonsense."

O'Leary testified before the Senate Banking Committee on the downfall of FTX, the now-bankrupt crypto exchange for which O'Leary was a paid spokesperson. While its bankruptcy has brought to light a plethora of accounting scandals, O'Leary suggested that the collapse of the exchange was sparked by Binance selling its 20% stake in the firm back to Sam Bankman-Fried in late 2021.

That blew a significant hole in FTX's balance sheet and was the starting force that caused the troubled crypto exchange to go under, O'Leary alleged.

Binance's CZ disputed those claims in an interview with CNBC on Thursday, adding that O'Leary's claims "don't make sense." He also noted that O'Leary and Sam Bankman-Fried had a "special relationship," CZ said.

"Yesterday on the air, CZ called me a liar. That suggests I perjured myself in front of the US Senate for two hours this week. I can assure you that's not the case," O'Leary said to CNBC on Friday. 

O'Leary, who said he shed $10 million amid FTX's implosion, doubled down on his claims Binance wouldn't provide data that would clear FTX for a license and force Bankman-Fried to buy out its stake for Binance to take down one of its biggest competitors. 

"You ask anybody why was Sam Bankman-Fried or the whole company FTX forced into bankruptcy? It was jamming down that last half a billion that gave them no option," O'Leary said, referring to Binance's stake. "Now is that the fatal stroke or blow to get rid of your global competitor? I say yes."

O'Leary speculated regulators start looking at Binance as they continue probing FTX, adding he received a text from a lobbyist in Washington asking him to stay in the area.

"So I bet CZ bought himself an invitation to Washington yesterday. Can't wait to meet him there. We can go sightseeing," O'Leary said.