TLDR
- Changpeng Zhao strongly criticized false claims linking Binance to the recent crypto market volatility.
- CZ emphasized that rumors about Binance are part of a deliberate FUD campaign to harm its reputation.
- Tether CEO Paolo Ardoino denied making any statements blaming Binance for the market turmoil.
- CZ urged the crypto community to scrutinize negative news about Binance, as misinformation is often spread intentionally.
- Both Changpeng Zhao and Paolo Ardoino dismissed the viral post, reinforcing that the claims were completely false.
On February 10, 2026, Binance founder Changpeng Zhao responded to claims that Tether CEO Paolo Ardoino blamed Binance for market volatility. The allegations started after a viral post accused Binance of causing the current market downturn. CZ quickly criticized the rumors, calling them false. He labeled the claims as part of a continued FUD campaign against the exchange.
Changpeng Zhao Denounces False Claims Against Binance
Changpeng Zhao was quick to address the unfounded allegations, emphasizing that the claims were baseless. In a direct response to the viral post, CZ stated that the FUDers were simply fabricating stories without any factual basis. He pointed out that people with ulterior motives were spreading such rumors to destabilize Binance’s reputation.
CZ also noted that people should carefully scrutinize any negative news involving Binance, as misinformation has become a frequent tactic to harm the exchange. He urged the crypto...
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