Binance CEO Calls Out Media Bias, Triggering Market Volatility

Binance CEO Changpeng Zhao recently accused major media outlets like the Financial Times, Reuters, and Forbes of displaying biased reporting against Binance. Zhao’s accusations, amplified by his social media posts, have sparked a debate on media influence in the cryptocurrency market. The resulting market volatility has been linked to this heightened discussion, with BNB and several other cryptocurrencies experiencing sell-offs. This incident echoes previous instances where media scrutiny triggered substantial price fluctuations for Binance.