There is nothing short of FUDs in the crypto market especially for big names such as Binance. Recently there are so many accusations about Binance and even the U.S Senator has inquired. According to Binance's response
https://www.binance.com/en/blog/ecosystem/binance-shares-its-recent-response-to-us-senators-inquiry-1968152125579137703 , there are some public misconceptions about Binance and the team had already clarified. When I read the news, the first thing came to my mind was that BNB price was doomed to decrease dramatically. However, Binance US's weekly trading volume reached 41% of Coinbase's (global) trading volume last week, which is an ATH. (Source:https://twitter.com/cz_binance/status/1641728341962096641). At the same time, BNB price is still around $320, showing very little volatility. What makes Binance so strong faced with so many unfavorable conditions ? Please share your opinions.
It's not the first time though that Binance has been in the hot seat and has been pursued by US. Even CZ's own country, China in it's early days have been going after him and his exchange but nothing has put him down.
The thing with CZ is that he is hands on with his project and probably in total control of it and so he is going to face this head on against the US government and willing to cooperate. And you can see that he is responding in his official twitter account. With that, investors see a strong leader, unlike SBF who we haven't heard so much until the collapse and exposing of FTX.