CZ addresses FUD, urges fair listings and trader responsibility

CZ rejects blame for volatility, urges trader responsibility, denounces FUD, and calls for fair, automated token listing standards across exchanges.

Changpeng Zhao has responded to criticism and misinformation linking Binance to recent crypto market volatility. He emphasized that traders must take responsibility for their own decisions, rather than blaming the exchange for losses. Zhao dismissed the rumors as part of a coordinated FUD campaign and encouraged the community to critically assess negative news. He advocated for exchanges to list most tokens using consistent, auditable frameworks with automated controls and risk labels, arguing this would enhance fairness and safety. Zhao also questioned the double standards applied to centralized exchanges (CEXs) versus decentralized exchanges (DEXs), noting that DEXs are praised for broad access while CEXs face criticism for similar practices. Zhao pointed out that each CEX uses its own listing framework and that compliance processes, not social media pressure, drive decisions like fund freezes. Community responses included support for Binance and recognition that leading platforms often become targets during market downturns.