Crypto traders consider lawsuits after $600B market meltdown
Crypto experienced 1.7M forced liquidations and a $600B market-wide crash on October 10. Now, traders are considering lawsuits.
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Crypto experienced 1.7M forced liquidations and a $600B market-wide crash on October 10. Now, traders are considering lawsuits.
The CEO of Base-native prediction market Limitless claimed Binance wanted 8% of his token's supply and $2.45M to list his token.
Traders tried to blame Wintermute for suspicious deposits during Friday’s crypto market crash, but its CEO would have none of it.
Binance Coin donations made to cancer and disaster relief charities seven years ago are now valued in the tens of millions.
Binance co-founder Changpeng Zhao and Hyperliquid co-founder Jeffrey Yan are arguing about which exchange better handled Friday’s sell-off.
During the chaos, Ethena’s "synthetic dollar" USDe briefly traded at just $0.65 on Binance. The exchange has reimbursed victims with $283M.
— Binance
Binance Wallet is now incorrectly displaying user balances as $0 following this weekend's chaotic $20B crypto crash.
Traders followed every post and signal by Zhao to trade endless BNB Chain memecoins, yet he wants to back away from his influential role.
According to net worth estimates from Forbes and Bloomberg, Zhao's net worth has increased by approximately $20B since leaving prison.
Kraken is seeking to raise at a $15 billion valuation, which probably places comp valuation metrics for Binance at more than $100 billion.