Wintermute Denies Lawsuit Against Binance Amidst Market Volatility
Leading digital asset trading firm Wintermute has publicly stated it has no intention of suing cryptocurrency exchange Binance. This clarification follows intense market deleveraging and approximately $20 billion in liquidations on October 11th.
Binance responded by disbursing $283 million to affected traders and launching a $400 million compensation and loan program.
Wintermute CEO Evgeny Gaevoy confirmed the firm is "completely fine," noting that some liquidated positions were priced at "very anomalous levels" during the market turbulence.


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Wintermute Denies Legal Action Against Binance After $20B Liquidation Event
Wintermute, a prominent digital asset trading firm, has publicly clarified that it harbors no intentions of pursuing legal action against the...








