Binance Confirms $283M User Payout After Pegged Assets Unravel in Brutal Liquidation Wave
October 14, 2025
Binance has revealed a $283 million payout after massive liquidations and cascading losses rattled crypto markets, exposing deep volatility and testing investor confidence across exchanges.
Binance Concludes Market Volatility Review, Pays out $283M in User Compensation
Crypto exchange Binance announced on Oct. 12 that it had completed a full assessment of the extreme market volatility that shook…