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Zhao Changpeng responds to the market fall: FUD causes damage and supports users to use self-custody Wallets to access Meme or Crypto Assets.

2025-10-09 15:04:29

BTC-1.07%

Foresight News reports that Zhao Changpeng stated, "I have been attending real-life meetings in Bahrain all day today, including a fireside chat on stage. The cryptocurrency market is really in turmoil! I’m not sure what happened, but I think it all started with FUD about Alpha not launching certain coins in the future, and that news was quickly proven to be wrong. But the FUD has already caused damage. When enough people are fooled by FUD, it can have concerning power. Regardless of the circumstances, people always trust me too much. I haven't done anything, I've been busy all day." Zhao Changpeng further added, I often see headlines like 'BlackRock sells BTC' and 'Binance sells BTC'. The correct headlines should be 'BlackRock clients sell BTC' and 'Binance users sell BTC'. Finally, I support the use of decentralized self-custody wallets to access Meme or any crypto assets.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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