Binance CEO CZ addressed recent market volatility, stating he was attending an offline meeting in Bahrain during the market's significant downturn. CZ attributed the decline to false rumors about Alpha's future delisting of certain tokens, which, despite being debunked, had already impacted the market. He emphasized that when enough people are misled by false information, it can still have a destructive effect on the market, and clarified that he was not involved in the related events.