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Binance Faces Scrutiny Following Trader's $5 Million Loss Allegation

CoinGape ·

Binance is facing criticism after a trader reported over $5 million in losses linked to extreme volatility in the AKEUSDT perpetual futures market. The exchange denied claims of system failure or price manipulation, asserting that its trading systems operated normally during the incident.

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Summaries are written by AI from the original article. Not investment advice.

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