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Why Didn't Bitcoin Drop More? Binance's CZ Credits FBI

U.Today·November 1, 2026·1 min read
Why Didn't Bitcoin Drop More? Binance's CZ Credits FBI

Binance founder Changpeng Zhao credited the FBI and other US law enforcement agencies with helping prevent a steeper Bitcoin price crash following the exchange's massive $6.3 billion hack. The collaboration likely mitigated market impact, though BTC still faced significant volatility.

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