The Binance Playbook: Why Crypto Twitter Hates the Biggest Exchange?

On October 12, Binance released a statement following an internal review of the incident. According to the exchange, core spot and futures matching engines, as well as API trading, remained operational.Still, the explanation failed to calm all critics. Some users accused Binance of benefiting from the trading freeze, alleging that the disruption allowed the exchange to profit during peak volatility.Binance publicly acknowledged disruptions during the event. The exchange cited “heavy market activity” as the ...