CZ: Binance does not engage in trading; the claim that Binance actively sold off and caused the 10.11 crash is baseless

Odaily News CZ stated in an AMA that Binance does not participate in trading and possesses defense mechanisms and funds. An attacker would need to use tens of billions of dollars to potentially execute a price manipulation attack, and he believes there is no one who would take such action. Therefore, the claim that Binance's active selling led to the 10.11 crash is untrue.