Binance's CZ Reacts to False Speculation Involving Tether CEO

Binance's CZ Reacts to False Speculation Involving Tether CEO

Source: UToday

Published:13:59 UTC

BTC Price:$69102

#Binance #FUD #Crypto

Analysis

Price Impact

Med

The news debunks false speculation and fud targeting binance and tether, which helps to alleviate negative sentiment and stabilize market confidence, preventing potential downside.

Trustworthiness

High

The claims are directly refuted by changpeng zhao (cz), former ceo of binance, and paolo ardoino, ceo of tether, making the counter-narrative highly credible.

Price Direction

Neutral

While debunking fud is generally positive, this news primarily prevents a potential bearish scenario rather than introducing a new bullish catalyst. it helps to stabilize confidence around binance and tether, which is overall a neutral-to-slightly-bullish development for bnb and the broader market by removing uncertainty.

Time Effect

Short

Addressing and debunking fud immediately helps to prevent short-term panic selling and restore investor confidence, mitigating immediate negative market reactions.

Original Article:

Article Content:

Cover image via U.Today Read U.TODAY on Google News Tether CEO dismisses rumors relating to Binance FUD CZ urges fact-checking on negative news regarding Binance Advertisement Since the recent crypto market crash, Binance has continued to face consistent blame from FUDers, who have formed speculations that the world’s largest cryptocurrency exchange, Binance, is responsible for the market turmoil. While rumors of Binance’s insufficient reserves have continued to circulate and the blame game persists, Binance founder and former CEO Changpeng Zhao have recently snapped against another rumor involving Tether CEO Paolo Ardoino. Tether CEO dismisses rumors relating to Binance FUD On Tuesday, Feb. 10, CZ further criticized these FUDers after claims surfaced alleging that Tether CEO Paolo Ardoino blamed Binance for current negative crypto market conditions. HOT Stories Morning Crypto Report: $140,953,609 Bitcoin (BTC) Whale Breaks 2019 Silence, XRP Opens Rare 5% Setup Window, Sam Bankman-Fried Claims 'FTX Was Never Bankrupt' Ripple’s CTO Emeritus Defends XRP Genesis Against Centralization Claims In response to a viral post that attributed strong remarks to Ardoino, suggesting Binance was responsible for the high crypto market volatility, CZ addressed the claims, noting that FUDers are just making stuff up. Advertisement You Might Also Like Sat, 02/07/2026 - 16:15 'Perfecting Timing Too,' Binance's CZ Acknowledges Stablecoin to Bitcoin SAFU Funds Plan By Caroline Amosun The post was strongly criticized by CZ and the crypto community, and Ardoino had immediately shut down the allegation. Paulo Ardoino commented on the viral post, swiftly dismissing the claim as he directly argued that the statement was “incorrect” and that he never said such a thing. CZ urges fact-checking on negative news regarding Binance While Ardoino’s response has further backed CZ’s fight amid the looming Binance allegations, CZ criticized the false narratives the FUDers have continued to push, noting that smart people often check negative news involving Binance, implying that Binance might not be perfect, but negative news regarding the exchange is most likely to be false. Advertisement Furthermore, CZ stressed that claims involving Binance now require extra scrutiny due to the frequency of the FUD involving himself and Binance. While the viral post had claimed that Paulo Ardoino “blamed” Binance for the crypto market crash, CZ argued that words like “blame” are deliberately chosen to provoke emotion rather than encourage accountability. #Binance #Changpeng Zhao #Paolo Ardoino #Tether News