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🚨Binance CEO wrote after the crash: Sorry!❗ #Binance CEO #RichardTeng released a statement regarding the issues Binance has been experiencing following the sharp declines in the cryptocurrency market. In his statement, Teng emphasized that the cryptocurrency market has experienced quite a turbulent period over the past 24 hours, saying, "I know many of you have encountered difficulties on our platform. I sincerely apologize to everyone affected." Stating that they are not making excuses, Teng said, "We are listening carefully to the events, learning from them, and working resolutely to improve." Teng urged users who cannot find a solution to their problems to contact the Binance Support team, promising, "Every situation will be handled with care, and compensation will be provided if necessary." Emphasizing that market volatility is a reality, Teng concluded his statement by saying, "We advise all our users to be mindful and careful during this period. Thank you for always being with us." The cryptocurrency market experienced what some consider to be the largest drop in history on Friday night. With $550 billion wiped from its total market capitalization, many altcoins fell by 50% or more. More than 1.6 million users on leveraged trading platforms lost $20 billion in positions. It all began with US President Donald Trump's threatening statements toward China. $BNB $BTC #CryptoMarketAnalysis #TrumpTariffs #MarketPullback