Binance leaders like Yi He and CZ point to fear, uncertainty, and doubt—FUD—as the culprit behind the Crypto Fear & Greed Index hitting extreme lows of 5-10, following a February 5 crash that wiped out billions. They debunked false claims, such as a viral rumor from an anti-CZ account alleging Tether's CEO blamed Binance for woes, which he quickly denied. Binance countered with Proof of Reserves showing full asset backing and a beefed-up SAFU fund now over $700 million, while on-chain data shows no mass outflows—urging users to verify reports amid calls for rebounds when noise fades.