On the night of April 3, BNB quotes and the first cryptocurrency fell amid rumors about the issuance of a “red notice” by Interpol for Binance CEO Changpeng Zhao (CZ).
AHHHHH IM HEARING THINGS
brb withdrawing a decent chunk just in case. pic.twitter.com/2weMwBMP7C
— hyuk (@hyuktrades) April 3, 2023
A message with encoded content was published by a well-known Twitter user in the crypto community under the pseudonym Cobie. Subsequently, the message was deciphered by other users and distributed on the network.
The price of bitcoin momentarily fell to $27,590, but the market value subsequently recovered to $28,275 at the time of writing.
A noticeable price decline was also recorded on the BNB chart. The cost of the coin fell to $302, and on the morning of April 4 it recovered to $311.
Subsequently, the author of the encrypted message admitted that the information was false. According to Cobie, someone close to him leaked the rumors to “cause resonance.”
At the same time, CZ himself denied the wanted information and called the incident “the spread of FUD.”
The latest Fud was only spread by crypto news outlets and KOLs, likely planted/sponsored by another exchange. Very petty. Hurts the industry and hurts themselves. There are enough external forces attacking us. Our industry needs to unite at this juncture.
— CZ Binance (@cz_binance) April 4, 2023
Perhaps part of the crypto community believed this information against the background of the CFTC lawsuit against Binance and its CEO. According to the regulator, the platform violated the rules for trading derivatives by operating without proper registration.
On April 3, Glassnode analysts reported that the litigation did not lead to a significant outflow of users from Binance and did not shake investor confidence in the first cryptocurrency.
Source: bitcoinlinux.com
