Changpeng Zhao denies Binance caused the October cryptocurrency market crash and $19 billion liquidation.
Blockchain News

Binance Founder Changpeng Zhao Blasts ‘Absurd’ Claims Exchange Caused Devastating October Crypto Crash

Global, April 2025: In a firm rebuttal to swirling industry speculation, Binance founder Changpeng Zhao has categorically denied that the world’s largest cryptocurrency exchange was responsible for the severe market downturn last October. Labeling the accusations as “absurd,” Zhao’s statements directly address one of the most significant and debated events in recent crypto history—a $19 […]