Rumors about Binance's alleged insolvency spread on X after a viral post and screenshot of a 'legal document'. Binance publicly denied the matter, stating that the document is fabricated.
How FUD works in a nervous market
In moments of strong declines and fear, the market is susceptible to disinformation. It only takes one post, 'leak', or screenshot to trigger an avalanche of shares and calls for mass withdrawals.
In this situation, Binance indicated that the circulating document did not originate from the exchange and called for caution regarding forgeries. Co-founder He Yi also commented, suggesting that despite calls for a 'withdrawal test', the platform remains operationally stable.
The most important rule for users is simple: when it comes to hot topics, check the source (official channels, announcements), do not rely on a single screenshot, and remember that FUD is often a tool 'under volatility'.
