Binance Founder CZ Makes Statement Following Recent Market Events

Binance founder Changpeng “CZ” Zhao addressed the sharp decline in the crypto market in a social media post, encouraging users to use decentralized and self-hosted ￰0￱ said, “I was in Bahrain today, attending meetings throughout the ￰1￱ crypto market was quite volatile today. I don't know exactly what happened, but I suspect it was due to the fake news (FUD) that spread about Alpha not listing certain ￰2￱ the news was quickly debunked, the impact was already evident. That's the scary thing about FUD: when enough people are deceived, the market can suffer.” Related News: Binance Founder CZ's Single Tweet Crashed These Altcoins - Prices Plummeted Zhao also stated that he was given too much credit for market movements: “Whether the market is doing well or going poorly, people attribute it to me.

Yet, I'm in meetings all day. I see headlines like 'BlackRock sold BTC' or 'Binance sold BTC.' It should be 'BlackRock customers' or 'Binance users sold BTC.'” CZ concluded his remarks with advice for investors: “Use your own decentralized wallets to access memecoins or other crypto ￰3￱ your risks and continue to improve.” *This is not investment ￰4￱ Reading: Binance Founder CZ Makes Statement Following Recent Market Events