CZ: The listing of a token on Binance as a buying channel only, not a statement of the token's performance
On January 31, Binance founder Changpeng Zhao (CZ) addressed recent market FUD during an AMA, sharing these key points:
- Alpha status itself doesn’t hold much significance, and Binance’s spot listing criteria will stay far stricter. However, without its Alpha channel giving users access to early-stage projects, Binance risks losing users who’d otherwise turn to other platforms to engage more deeply with the DeFi ecosystem—so the Alpha initiative solves this gap.
- Some have criticized Binance for listing too many projects, claiming high-quality “gold-like” tokens end up with insufficient liquidity—but that’s a misunderstanding. Just because a token launches on a blockchain or DeFi network doesn’t mean you have to buy it, and just because Binance offers a way to buy it doesn’t mean everyone must. Strong projects draw more buyers naturally; weak ones don’t. Many assume Binance is responsible for a token’s performance just because the platform supports or lists it—but that’s a flaw
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CZ: No system can maintain 100% uptime. All affected users have been duly compensated by Binance
Binance founder Changpeng Zhao (CZ) addressed recent market FUD in an AMA on January 31, stating:
"Some users claimed the sharp market drop was tied to a system issue. From what I can tell, Binance did experience performance glitches during peak hours. All affected users have already received proper compensation from the exchange, I believe.
Binance has gone above and beyond to support its users. That said, no technology is infallible—no website or exchange can guarantee 100% uptime. Internet outages, Cloudflare issues, even X (Twitter) downtime happen to every platform. If your trading strategy relies on everything always working perfectly, any breakdown in the chain will lead to losses, which probably means you’re taking on too much risk. While Binance’s user terms explicitly note such incidents may occur and the platform isn’t liable, the exchange has still compensated affected users well—even though it wasn’t required to.
Additionally, many users with no connection to the
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CZ: Personal wealth does not come from selling user assets, has not cashed out company equity, and has not sold any crypto holdings
On January 31, Binance founder Changpeng Zhao (CZ) addressed online allegations during an AMA session.
Some bizarre claims have circulated, such as: “With a net worth of $92 billion, did you sell off all user assets? Did you cash out cryptocurrency to amass that $92 billion?”
CZ clarified the $92 billion figure comes from Forbes’ valuation, noting a Forbes net worth estimate does not equal actual cash in hand. “I haven’t cashed out any company stock, nor sold cryptocurrency for fiat,” he stated. “I have no intention of doing so, and I don’t want to hold fiat—including stablecoins; I believe they’ll lose value over the long term. I prefer holding BTC, BNB, and other cryptocurrencies.”
He concluded the accusations are unfounded.
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CZ's Response to FUD: 10/11 Flash Crash Not Caused by Binance System or Operational Issue, Binance is Regulated and Constrained from Any Wrongdoing操作
January 31st. Binance founder CZ addressed key concerns during an AMA today:
Regarding recent events, let’s clear up the top complaint I’ve seen: some allege Binance was behind the October 10 market crash. Here’s what you need to know:
First, the tariff announcement dropped prior to the market decline—this drop had nothing to do with Binance’s systems or actions. Every other major exchange in the space was also handling a surge in trading volume tied to that news; that’s an undeniable fact.
Second, claims that Binance engaged in wash trading or intentionally suppressed prices are false. Binance does not trade crypto to profit. Both the platform and I personally hold a large Bitcoin position, but this is disclosed on our balance sheet as our own capital—unlike firms like MicroStrategy, which raise investor funds to buy Bitcoin. From a balance sheet perspective, Binance may be one of the world’s largest Bitcoin holders.
Additionally, the logic of “wash trading causing a crash
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