Exchanges & custody
Exchange transparency requires records, not a headline metric
You say $10B+ fraud prevented. Where is the dataset? Where are the incident reports? Where are the timestamps, pairs, orderbooks, and comparison feeds?
MASTRFirst published 2 min · 337 words
Original publication · 2 Feb 2026. Figures, claims and opinions reflect the original publication date.
The original publications are in English. Navigation is available in seven languages.
Yo @cz_binance and @binance smurfs.
"a QuIcK gLaNcE aT hOw We’Re SaFeGuArDiNg TrUsT. 👇"
And when you needed to be transparent the most, you went silent.
And now you post banners with big numbers and zero raw data and facts.
You say $10B+ fraud prevented.
Where is the dataset? Where are the incident reports? Where are the timestamps, pairs, orderbooks, and comparison feeds?
Because on 10/10, reality looked very different you incompetent bunch of smurfs.
103 USDT pairs on Binance printed lows over 10% below the second lowest exchange at the same moment.
Dozens of pairs showed 50% to 100% price deviations.
Some went over 100% below every other major venue.
Perps. Margin. Lending. Bots, Risk engines. Everything keys off Binance.
When you print fake lows, the entire market gets liquidated off a ghost price.
And you provide no raw trade data, no tick level export, no forensic explanation. Just banners about “security”.
Here are facts you newbies:
On that day Binance had 430 USDT spot pairs.
410 of them were also trading on OKX, Bybit, Bitget, or Gate at the same time.
Only Binance printed those extreme lows.
➡️ Examples of deviations:
50% to 75% below others
ACT, AUDIO, COOKIE, DOT, EPIC, FIL, FIS, GHST, HEMI
75% to 100% below others
HOOK, ICX, MITO, PIXEL, POLYX, QI, REZ, TREE, ZROAXL, BERA, CYBER, DEGO, HIVE, HOME, INIT, JUP, RPL
Over 100% below others
ANIME, API3, APT, ATOM, BANANAS31, CVC, DEXE, DOGS, ENJ, ENS, ETHFI, FLM, FXS, GMT, IOST, IOTX, KAVA, KERNEL, ME, MUBARAK, ORCA, PUMP, RVN, SAND, SOLV, SUSHI, SYRUP, SYS, TUT, UMA, WIF
If you had printed prices in line with every other exchange, the liquidation cascade would not have happened.
But you are, alongside pedo-Trump, the most dangerous thing that could happen to crypto.
Instead of transparency, you post marketing graphics claiming how safe you are.
I recommend you create fewer banners and invest more in dignity and transparency.
The largest exchange in crypto cannot be allowed to be the largest black box in crypto.
