[Zhao Changpeng Responds to Market Decline: FUD Impacts the Market, Advocates for Self-Custody Wallets]
Zhao Changpeng published a statement addressing the cryptocurrency market decline, stating that false information (FUD) has harmed the market. He explained that market panic stemmed from incorrect reports about Alpha not listing certain tokens and emphasized that the spread of FUD brings negative consequences. Additionally, he pointed out that common headlines in the market, such as 'BlackRock Sells BTC,' should be more accurately phrased as 'BlackRock Clients Sell BTC.' Finally, Zhao Changpeng advised users to access Meme or cryptocurrencies using decentralized self-custody wallets.