Quote from: tokyohd on June 15, 2023, 02:35:05 PM

In a recent CNBC interview, U.S. Congressman Brad Sherman openly expressed his hope for the end of cryptocurrencies,~

Since he is an anti-crypto stance, we shouldn't be surprised to hear negative statements from him. He must spread FUDs related to the issue around Binance and Coinbase. He thinks the end of Binance and Coinbase means the end of crypto, but it is absolutely the wrong perception. There are many other top exchanges, crypto will survive even if those 2 major exchanges are shut down. People who have crypto assets on those exchanges will move their assets to other major exchanges.

Quote from: AakZaki on June 15, 2023, 05:48:05 PM

Maybe they deliberately made bad news, so that they could collect at a low price. They seem to be deliberately making people too afraid of Crypto. They deliberately make the situation that crypto has a negative effect on its users.

I also think the same, those who spread FUDs may try to have an entry price as lower as possible. They expect the FUDs will make people panic and the prices to freefall because people sell their coins immediately. This scheme already happened many times, some people try to manipulate crypto market by spreading FUDs. Sadly, this scheme seems still work effectively because people are easy to feel worried.