Market Maker’s Post Accusing Binance of Trading Malfunctions Deleted After Stirring Controversy
A market maker deleted a post accusing Binance of trading malfunctions during a market crash, later citing new technical data from the exchange.Summary
A market maker named GammaPure deleted a post accusing Binance of trading malfunctions, specifically failures in executing automated and reduce-only orders, during the October 10 crypto market plunge triggered by tariff escalations. This deletion sparked industry controversy, with some users speculating that Binance suppressed criticism or made a private settlement. GammaPure later clarified that he removed the post after Binance's technical team provided logs showing no system errors, specifically refuting the claim that reduce-only orders returned a 503 error. He also denied receiving a hush payment, stating he only received standard compensation available through Binance's recovery initiative for those who met the criteria.
(Source：BeInCrypto)