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Binance denies system error in alleged $5M AKE loss

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Binance has denied that a system or pricing failure caused more than $5 million in alleged trader losses as the AKEUSDT perpetual contract surged from about $0.0076 to nearly $0.045 on Sept. 3. Binance says AKE liquidations followed market…

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Binance denies system error in alleged $5M AKE loss
Crypto.news 2h ago

Binance denies system error in alleged $5M AKE loss

Binance has denied that a system or pricing failure caused more than $5 million in alleged trader losses as the AKEUSDT perpetual contract surged from about $0.0076 to nearly $0.045 on Sept. 3. Binance says AKE liquidations followed market…