BlockBeats News, October 9th, CZ posted on social media, saying, “I spent the whole day today attending an offline conference in Bahrain, including a stage conversation. It’s been a bloodbath in the crypto market today! I’m not quite sure what exactly happened, but I think it may be due to FUD (Fear, Uncertainty, Doubt) about Alpha not listing certain coins in the future, which, although quickly proven to be false, has already had an impact. This is the scary part of FUD—just enough misinformation can cause harm.”
People often overestimate my actions in both good and bad markets. In reality, I haven’t done anything; I’ve been busy in meetings all day. I often see headlines like, “BlackRock sold BTC,” “Binance sold BTC.” The correct way to put it would be, “BlackRock’s clients sold BTC,” “Binance’s users sold BTC.”
Lastly, I support decentralized self-custodial wallets to access Meme or any crypto assets. Please manage risk properly and keep building!”
