Cathie Wood: The "1011 Flash Crash" Market Incident Was Not Triggered by Binance
2026-05-07 15:32
Odaily Planet Daily News In a podcast conversation between CZ and Ark Invest founder Cathie Wood, Cathie Wood clarified her comments on the "1011 Flash Crash" market incident last year and stated that Binance did not actually trigger the flash crash. It was the crash that caused the malfunction, and combined with tariff panic, market vulnerabilities were amplified. CZ expressed gratitude for Cathie Wood's clarification.
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