CZ AMA responds to market FUD, 10.10 flash crash, and Alpha controversy.
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Changpeng Zhao (CZ) addressed recent controversies in the crypto community during an AMA on Binance Square. He clarified that the October 10 flash crash was not due to Binance's actions but preceded by a tariff announcement. CZ denied allegations of market manipulation, stating that Binance does not trade cryptocurrencies for profit. He also discussed the Binance Alpha listing, emphasizing it is not a true listing but an entry point into the decentralized ecosystem. CZ highlighted the importance of addressing community concerns regarding FUD and the need for clear communication.
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