{"id":889189,"date":"2026-01-31T23:12:23","date_gmt":"2026-02-01T05:12:23","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/31\/the-binance-playbook-why-crypto-twitter-hates-the-biggest-exchange\/"},"modified":"2026-01-31T23:12:23","modified_gmt":"2026-02-01T05:12:23","slug":"the-binance-playbook-why-crypto-twitter-hates-the-biggest-exchange","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/01\/31\/the-binance-playbook-why-crypto-twitter-hates-the-biggest-exchange\/","title":{"rendered":"The Binance Playbook: Why Crypto Twitter Hates the Biggest Exchange?"},"content":{"rendered":"<div>\n<ul>\n<li>Crypto Twitter has revived scam and manipulation claims against Binance, tying October 10 platform disruptions and liquidations to alleged structural failures rather than a purely macro-driven crash.<\/li>\n<li>Binance denies any wrongdoing, pointing to system stability, internal reviews, and over $600 million in compensation and support measures, while some early accusations were later withdrawn.<\/li>\n<li>The backlash has resurfaced in January 2026 as markets remain weak, with industry figures arguing the October deleveraging caused lasting damage despite no conclusive proof of manipulation.<\/li>\n<\/ul>\n<\/div>\n<div>\n<p><strong>Crypto Twitter is angry again. This time, the target is familiar: Binance, the world\u2019s largest crypto exchange, and its co-founder Changpeng Zhao (CZ).<\/strong><\/p>\n<p>Over the past few days, major allegations have taken over Twitter (or X) timelines, with some users calling him \u201ca scammer\u201d and demanding he be \u201csent back to prison.\u201d So what is actually behind the latest accusations, and how much of it is supported by verifiable evidence?<\/p>\n<h2 id=\"h-the-october-market-crash-what-happened\">The October Market Crash: What Happened?<\/h2>\n<p>One of the most serious allegations facing Binance <a target=\"_blank\" href=\"https:\/\/beincrypto.com\/learn\/binance-review\/\" rel=\"noreferrer noopener\">dates back to <\/a>October, during what later became known as \u201cCrypto Black Friday.\u201d<\/p>\n<p>On October 10, US President Donald Trump <a target=\"_blank\" href=\"https:\/\/beincrypto.com\/trump-china-tariff-triggers-200-billion-crypto-crash\/\" rel=\"noreferrer noopener\">announced 100% tariffs and export<\/a> controls targeting China. The announcement immediately rattled global markets, sending risk assets sharply lower.<\/p>\n<p>Crypto was no exception. BeInCrypto reported that Bitcoin fell around 10%. Major altcoins followed suit: Ethereum (ETH), XRP (XRP), and BNB (BNB) each declined by more than 15%.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/assets.beincrypto.com\/img\/jFhg4lSKaL_WHOvGsJ-dc-wCtRc=\/smart\/a91eeed767514ff3b440f4f86333e5ea\" alt=\"Crypto Market Crash on October 10.\"><figcaption>Crypto Market Crash on October 10. Source: <a href=\"https:\/\/www.tradingview.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<p>Within 24 hours, more than<a target=\"_blank\" href=\"https:\/\/beincrypto.com\/crypto-black-friday-was-a-coordinated-attack\/\" rel=\"noreferrer noopener\"> $19 billion in leveraged positions<\/a> were liquidated, marking the largest liquidation event tracked by crypto data analytics firm CoinGlass.<\/p>\n<p>Initially, the crash was widely viewed as a market-wide panic triggered by macroeconomic news. However, market participants soon began to question whether the collapse was purely organic.<\/p>\n<p><small>Sponsored<\/small><\/p>\n<p><small>Sponsored<\/small><\/p>\n<p>On social media, traders speculated that the scale and speed of the liquidations suggested something more coordinated than a standard sell-off. Attention soon turned to Binance.<\/p>\n<figure>\n<p>\n<iframe loading=\"lazy\" title=\"Biggest Crypto Liquidation Ever Happened!\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/IVUzdg_ZcK4?feature=oembed&#038;enablejsapi=1&#038;origin=https:\/\/beincrypto.com\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/p>\n<\/figure>\n<h2 id=\"h-why-binance-became-the-focus\">Why Binance Became the Focus<\/h2>\n<p>During the sharpest phase of the crash, Binance <a target=\"_blank\" href=\"https:\/\/beincrypto.com\/binance-freeze-accusations-during-crypto-crash\/\" rel=\"noreferrer noopener\">users reported frozen accounts <\/a>and failed stop-loss orders, and difficulties accessing the platform. Some traders also pointed to brief flash crashes that pushed assets, such as Enjin (ENJ) and Cosmos (ATOM), to near zero.<\/p>\n<p><a target=\"_blank\" href=\"https:\/\/beincrypto.com\/binance-coinbase-crypto-crash-manipulation-allegations\/\" rel=\"noreferrer noopener\">BeInCrypto reported that three <\/a>Binance-listed assets, including USDe, wBETH, and BNSOL, temporarily lost their pegs amid the turmoil.<\/p>\n<p>Binance publicly acknowledged disruptions during the event. The exchange cited \u201cheavy market activity\u201d as the cause of system delays and display issues, while reiterating that user <a target=\"_blank\" href=\"https:\/\/beincrypto.com\/learn\/safu-explained\/\" rel=\"noreferrer noopener\">funds remained SAFU<\/a>.<\/p>\n<p>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.<\/p>\n<figure>\n<div>\n<blockquote data-width=\"500\" data-dnt=\"true\">\n<div lang=\"en\" dir=\"ltr\">\n<p>due to our market makers manipulation, some users may experience negative balance<\/p>\n<p>we\u2019re actively making sure everyone get a fair share of it. <\/p>\n<p>don\u2019t celebrate yet, your bag could still go down by -90% <\/p>\n<p>thanks for your attention to this matter!<\/p>\n<\/div>\n<p>\u2014 Ola \u039elixir (@thegreatola) <a href=\"https:\/\/twitter.com\/thegreatola\/status\/1976778495536906637?ref_src=twsrc%5Etfw\">October 10, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<h2 id=\"h-did-binance-s-compensation-strategy-work\">Did Binance\u2019s Compensation Strategy Work?<\/h2>\n<p>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.\u00a0<\/p>\n<blockquote>\n<p>\u201cAccording to data, the forced liquidation volume processed by Binance platform accounted for a relatively low proportion to the total trading volume, indicating that this volatility was mainly driven by overall market conditions,\u201d the exchange <a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/detail\/d9cb0d52d7c142a5be4f49732bd8760c\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">noted<\/a>.<\/p>\n<\/blockquote>\n<p>However, Binance acknowledged that certain platform modules experienced brief technical glitches after 21:18 UTC on October 10, and that some assets suffered de-pegging due to extreme market fluctuations.<\/p>\n<p>Binance stated that it completed compensation for affected users within 24 hours, distributing approximately $283 million across two batches.<\/p>\n<p>Two days later, on October 14, <a target=\"_blank\" href=\"https:\/\/beincrypto.com\/binance-black-friday-crypto-crash-support-fund\/\" rel=\"noreferrer noopener\">Binance launched a $400 million<\/a> support initiative. The package included $300 million in reimbursement vouchers for eligible impacted traders, with the remaining funds allocated to low-interest institutional loans.<\/p>\n<p>While Binance was at the center of community backlash, it was not the only platform affected amid the crash. Other major exchanges, including Coinbase and Robinhood, also reported service disruptions.\u00a0<\/p>\n<p>Coinbase\u2019s Bitcoin <a target=\"_blank\" href=\"https:\/\/beincrypto.com\/binance-coinbase-crypto-crash-manipulation-allegations\/\" rel=\"noreferrer noopener\">trading activity also drew scrutiny<\/a>, though no conclusive evidence has linked it to market manipulation or to triggering the crash.<\/p>\n<p><strong><em>It\u2019s worth noting that scrutiny continued in the weeks following the crash; some earlier claims were later reassessed. One trader who had <a href=\"https:\/\/beincrypto.com\/binance-trading-glitch-allegations-post-disappears\/\" target=\"_blank\" rel=\"noreferrer noopener\">publicly accused Binance<\/a> later retracted those claims.\u00a0<\/em><\/strong><\/p>\n<p>After reviewing technical data provided by the exchange, the trader said Binance\u2019s logs showed no system errors. He subsequently deleted the original post, stating he did not want to contribute to the spread of unverified information.<\/p>\n<blockquote>\n<p>\u201cMy main argument was that \u2018API orders failed, and reduce-only orders returned a 503 error.\u2019 But Binance\u2019s technical team provided complete logs during our meeting, which showed that the reduce-only orders never encountered a 503 error. An investment firm connected to my friend also joined the investigation. The main account management team and their responsible staff reviewed the global logs and confirmed that there was no 503 error for reduce-only orders,\u201d the <a href=\"https:\/\/x.com\/GammaPure\/status\/1980920050380144876\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">post<\/a> read.<\/p>\n<\/blockquote>\n<h2 id=\"h-why-the-binance-backlash-resurfaced-in-january-2026\">Why the Binance Backlash Resurfaced in January 2026<\/h2>\n<p>For a while, the dust seemed to settle. Then 2026 arrived, and the allegations came roaring back. This had a lot to do with how the crypto markets performed in the months following October.<\/p>\n<p><small>Sponsored<\/small><\/p>\n<p><small>Sponsored<\/small><\/p>\n<p>After the massive deleveraging event, the market stayed under pressure. Bitcoin and Ethereum gave up all of their 2025 gains, closing the year in the red. Market experts increasingly pointed <a target=\"_blank\" href=\"https:\/\/beincrypto.com\/tom-lee-metals-and-bitcoin-us-crypto-news\/\" rel=\"noreferrer noopener\">to the October crash<\/a> as a key factor behind the sector\u2019s muted performance.<\/p>\n<blockquote>\n<p>\u201cThere was a massive deleveraging\u2026some exchanges and market makers\u2026so the industry is sort of limping along, but the fundamentals have improved a lot,\u201d BitMine Chairman Tom Lee stated.<\/p>\n<\/blockquote>\n<p>The discussion intensified further after Ark Invest CEO Cathie Wood\u2019s recent comments.\u00a0 In a recent interview with Fox Business, she <a href=\"https:\/\/www.foxbusiness.com\/video\/6388059928112\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">said<\/a>:<\/p>\n<blockquote>\n<p>\u201cWhat we have undergone in the last 2-3 months are the reverberations after 10\/10\u2026October 10\u2026.is the flash crash associated with a software glitch on Binance that deleveraged the system, and to the tune of $28 billion, there were a lot of people hurt.\u201d<\/p>\n<\/blockquote>\n<p>Soon, other industry figures began to weigh in. Star Xu, founder of OKX, commented that people have \u201cunderestimated the impact of 10\/10,\u201d arguing that the crash caused \u201creal and lasting damage\u201d to the crypto industry.<\/p>\n<p>An industry-leading company, he said, should prioritize core infrastructure, trust with users and regulators, and the long-term health of the ecosystem. Without mentioning specific firms, Xu contrasted that ideal with what he described as a growing focus on short-term gains.<\/p>\n<blockquote>\n<p>\u201cInstead, some chose to pursue short-term gains\u2014repeatedly launching Ponzi-like schemes, amplifying a handful of \u201cget-rich-quick\u201d narratives, and directly or indirectly manipulating the prices of low-quality tokens, drawing millions of users into assets closely tied to them. This has become their shortcut for attracting traffic and user attention. Legitimate criticism is then drowned out\u2014not through facts or accountability, but via aggressive narrative control and coordinated influencer campaigns,\u201d the executive <a href=\"https:\/\/x.com\/star_okx\/status\/2016451138057552358?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">added<\/a>.<\/p>\n<\/blockquote>\n<figure>\n<div>\n<blockquote data-width=\"500\" data-dnt=\"true\">\n<div lang=\"en\" dir=\"ltr\">\n<p>First Cathie Wood, and now the CEO of OKx coming after Binance.<\/p>\n<p>C. Wood blamed the 10\/10 crash on a Binance &#8216;bug,&#8217; yet Binance, in their statement, claimed the crash happened due to &#8216;overall market conditions.&#8217;<\/p>\n<p>Their &#8220;core futures and spot matching engines and API trading\u2026 <a href=\"https:\/\/t.co\/kfg5QHjVWT\">pic.twitter.com\/kfg5QHjVWT<\/a><\/p>\n<\/div>\n<p>\u2014 Ignas | DeFi (@DefiIgnas) <a href=\"https:\/\/twitter.com\/DefiIgnas\/status\/2016471975099789392?ref_src=twsrc%5Etfw\">January 28, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<h2 id=\"h-binance-faces-trader-accusations\">Binance Faces Trader Accusations<\/h2>\n<p>Market watchers began circulating what they described as alleged evidence of Binance\u2019s wrongdoing. <\/p>\n<p>In a post on X (formerly Twitter), Star Platinum pointed to Binance\u2019s October 6 <a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/detail\/d6deec042d784b6ba5d8710a8c69d79d\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">announcement<\/a> that it would update the pricing source for BNSOL and wBETH, with the update scheduled for October 14.<\/p>\n<figure>\n<div>\n<blockquote data-width=\"500\" data-dnt=\"true\">\n<div lang=\"en\" dir=\"ltr\">\n<p>Binance was probably behind that massive October dump<\/p>\n<p>This is my view and opinion based on onchain data, exchange notices, and timing:<\/p>\n<p>On Oct 6, Binance publicly said it would change how it prices BNSOL and wBETH on Oct 14. <\/p>\n<p>That created a 4-day window (Oct 10\u201314) where thin\u2026 <a href=\"https:\/\/t.co\/mbcTpSKNEN\">pic.twitter.com\/mbcTpSKNEN<\/a><\/p>\n<\/div>\n<p>\u2014 StarPlatinum (@StarPlatinum_) <a href=\"https:\/\/twitter.com\/StarPlatinum_\/status\/2016538346546237815?ref_src=twsrc%5Etfw\">January 28, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>StarPlatinum further claims that more than $10 billion moved in the 24 to 48 hours before the event, including large USDT and USDC inflows into exchange hot wallets. <\/p>\n<p>The analyst also highlighted USDe flows tied to wallets they label as Binance-linked. The analyst contrasted Binance\u2019s situation with Coinbase\u2019s, stating:<\/p>\n<blockquote>\n<p>\u201cCoinbase didn\u2019t list the weak links (USDe \/ wBETH \/ BNSOL) but did two things: Moved 1,066 BTC from cold to hot minutes before the cascade ($130M at pre crash prices). During the drop, large flow that couldn\u2019t fill on Coinbase appears to have been routed out via market makers (Prime-style diversion). Coinbase\u2019s cbETH peg held; Binance\u2019s wBETH collapsed.\u201d<\/p>\n<\/blockquote>\n<p>StarPlatinum also noted that major market-making firms such as Wintermute and Jump appeared to have limited activity in USDe, wBETH, and BNSOL during the period of extreme volatility.\u00a0<\/p>\n<p><small>Sponsored<\/small><\/p>\n<p><small>Sponsored<\/small><\/p>\n<blockquote>\n<p>\u201cPull bids in those books while Binance marks collateral off those books, and the liquidation engine eats itself,\u201d the analyst remarked.<\/p>\n<\/blockquote>\n<p>They also allege a new account built up to around $1.1 billion in notional BTC and ETH shorts in the final two hours before the crash, with one ETH position increasing roughly a minute before a key post, generating an estimated $160 million to $200 million in profit.<\/p>\n<p>Another user accused Binance of manipulating liquidation timestamps. According to the user, Binance announced after the crash that it would compensate eligible liquidations occurring after 05:18 (UTC+8). <\/p>\n<p>However, the trader says his liquidation was recorded on the platform at 05:17:06, placing it just outside the eligibility window.<\/p>\n<p>The trader argues that this timestamp conflicts with an automated system email showing a liquidation trigger time of 05:20:08 (UTC+8), a difference of approximately three minutes.\u00a0<\/p>\n<blockquote>\n<p>\u201cThis auto-generated, tamper-proof email is the most ironclad evidence. This is the core of crypto: Code Is Law,\u201d the post stated.<\/p>\n<\/blockquote>\n<figure><img decoding=\"async\" src=\"https:\/\/assets.beincrypto.com\/img\/x9FiIkmumdvUyWYWc_q5y6q7mu8=\/smart\/ce93199db7dc40a4bfe867ee179286b5\" alt=\"User Alleges Binance Manipulated Timestamp\"><figcaption>User Alleges Binance Manipulated Timestamps. Source: <a href=\"https:\/\/x.com\/Mr_CryptoWhale\/status\/2014324607030006079?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">X\/Mr_CryptoWhale<\/a><\/figcaption><\/figure>\n<p>Meanwhile, Binance\u2019s own statement cited a different timeframe:<\/p>\n<blockquote>\n<p>\u201cAll Futures, Margin, and Loan users who held USDE, BNSOL, and WBETH as collateral and were impacted by the depeg between 2025-10-10 21:36 and 22:16 (UTC) will be compensated, together with any liquidation fees incurred,\u201d the exchange <a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/detail\/0989d6c7f32545bfb019e3249eaabc3f\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">mentioned<\/a>.<\/p>\n<\/blockquote>\n<h2 id=\"h-crypto-twitter-erupts-with-scammer-claims-against-cz\">Crypto Twitter Erupts With \u201cScammer\u201d Claims Against CZ<\/h2>\n<p>As these claims circulated, it did not take long for the tone on social media to escalate. Users began <a href=\"https:\/\/x.com\/0x_Broly\/status\/2015723685521543524\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">sharing<\/a> lengthy posts labeling CZ a \u201c<a href=\"https:\/\/x.com\/LeonidasNFT\/status\/2015664714479509674?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">scammer<\/a>\u201d and accusing him and Binance of systematically abusing their market dominance to the detriment of competitors and retail traders.<\/p>\n<p>Multiple posts gained traction, with several going viral as community members amplified the claims and expressed support. As engagement surged, the <a href=\"https:\/\/x.com\/Obesepotato_hl\/status\/2016718730966028660?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">allegations<\/a> became a recurring fixture on Crypto Twitter timelines.<\/p>\n<figure>\n<div>\n<blockquote data-width=\"500\" data-dnt=\"true\">\n<div lang=\"en\" dir=\"ltr\">\n<p>My timeline is filled with people fed up with CZ and the Binance cartel. <\/p>\n<p>First, thank you for raising your voices.<\/p>\n<p>Secondly, why did this movement wait to happen until finally every last person realized we were in a bear market now?<\/p>\n<p>If I could make a wish it would be that we\u2026<\/p>\n<\/div>\n<p>\u2014 The White Whale (@TheWhiteWhaleV2) <a href=\"https:\/\/twitter.com\/TheWhiteWhaleV2\/status\/2017107067081724012?ref_src=twsrc%5Etfw\">January 30, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>In an interview with BeInCrypto, Ray Youssef, CEO of NoOnes, described Binance as a US-aligned instrument for what he called a \u201c<a target=\"_blank\" href=\"https:\/\/beincrypto.com\/binance-trump-and-the-controlled-demolition-of-crypto\/\" rel=\"noreferrer noopener\">controlled demolition\u201d of the<\/a> crypto market.<\/p>\n<p>Youssef suggested that Zhao has aligned himself with the US establishment, which he characterized as the real power now influencing Binance\u2019s direction.\u00a0 <\/p>\n<p>For Youssef, Binance\u2019s growing ties to the United States are a cause for concern. He claimed the exchange has become a <a href=\"https:\/\/beincrypto.com\/trump-pardons-cz-binance-us-control-theory\/\" target=\"_blank\" rel=\"noreferrer noopener\">controlled asset that could<\/a> ultimately be used to trigger or accelerate a broader market collapse.<\/p>\n<blockquote>\n<p>\u201cBinance is becoming is the next FTX or what FTX should have been\u2026When CZ burst the bubble on FTX, the damage was really basically 1% of what the state planned it to be. Now they\u2019re going to use Binance as that they\u2019re going to make that corpse explode right in our face,\u201d Youssef told BeInCrypto.<\/p>\n<\/blockquote>\n<p><small>Sponsored<\/small><\/p>\n<p><small>Sponsored<\/small><\/p>\n<p>Criticism has also extended to <a target=\"_blank\" href=\"https:\/\/beincrypto.com\/learn\/changpeng-zhao-guide\/\" rel=\"noreferrer noopener\">Zhao\u2019s recent comments<\/a> on the buy-and-hold strategy.\u00a0<\/p>\n<blockquote>\n<p>\u201cI\u2019ve seen many different trading strategies over the years, very few can beat the simple \u2018buy and hold\u2019, which is what I do. Not financial advice,\u201d CZ <a href=\"https:\/\/x.com\/cz_binance\/status\/2015227414872527134\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">wrote<\/a>.<\/p>\n<\/blockquote>\n<p>The remarks drew swift backlash. Critics <a href=\"https:\/\/x.com\/WazzCrypto\/status\/2015876652350292238?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">pointed<\/a> to the performance of tokens listed on Binance, arguing that many have lost significant value and questioning whether a buy-and-hold approach is realistic for retail users.<\/p>\n<blockquote>\n<p>\u201cThe biggest scam exchange to ever exit, all project should apply for a delisting from binance,\u201d an analyst <a href=\"https:\/\/x.com\/CryptoDona7\/status\/2016840514461405440?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">asserted<\/a>.<\/p>\n<\/blockquote>\n<figure>\n<div>\n<blockquote data-width=\"500\" data-dnt=\"true\">\n<div lang=\"en\" dir=\"ltr\">\n<p>\ud83c\udf2a\ufe0f\ud83c\udf2a\ufe0fTHE BINANCE DEATH SPIRAL\ud83c\udf2a\ufe0f\ud83c\udf2a\ufe0f<\/p>\n<p>Many coins get listed on <a href=\"https:\/\/twitter.com\/binance?ref_src=twsrc%5Etfw\">@binance<\/a> and enter what I call a death spiral. Their purpose?<\/p>\n<p>Extract liquidity.<br \/>This is just a handful of coins, you can prob find 1000&#8217;s<br \/>Sometimes they go straight down, sometimes they have 1-4 weeks of up before never\u2026 <a href=\"https:\/\/t.co\/bCY12F8YHj\">pic.twitter.com\/bCY12F8YHj<\/a><\/p>\n<\/div>\n<p>\u2014 BareNakedCrypto \ud83e\uded0, (@BullNakedCrypto) <a href=\"https:\/\/twitter.com\/BullNakedCrypto\/status\/2017020705809060260?ref_src=twsrc%5Etfw\">January 29, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>However, <a target=\"_blank\" href=\"https:\/\/beincrypto.com\/crypto-token-performance-2025-buy-hold-strategy-failure\/\" rel=\"noreferrer noopener\">BeInCrypto reporting shows that the<\/a> weakness was not exchange-specific. Crypto tokens listed across major platforms in 2025 broadly struggled to sustain positive price performance.\u00a0<\/p>\n<p>The trend held regardless of the exchange, reflecting a market-wide downturn rather than issues tied to any single trading venue.<\/p>\n<p>That\u2019s not all. Users also accused Binance of selling Bitcoin today amid the market <a href=\"https:\/\/x.com\/CastilloTrading\/status\/2017072466250940454?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">crash<\/a>.<\/p>\n<figure>\n<p>\n<iframe loading=\"lazy\" title=\"The real motive behind Trump\u2019s CZ pardon\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/_M1O6HUXpa0?feature=oembed&#038;enablejsapi=1&#038;origin=https:\/\/beincrypto.com\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/p>\n<\/figure>\n<h2 id=\"h-binance-and-cz-issue-response-amid-backlash-on-crypto-twitter\">Binance and CZ Issue Response Amid Backlash on Crypto Twitter<\/h2>\n<p>Nonetheless, as the backlash grew louder, Binance moved to project strength. The exchange announced plans<a target=\"_blank\" href=\"https:\/\/beincrypto.com\/binance-safu-bitcoin-institutional-allocation\/\" rel=\"noreferrer noopener\"> to convert the entire $1 billion reserve<\/a> of its Secure Asset Fund for Users (SAFU) from stablecoins into Bitcoin over the next 30 days.<\/p>\n<figure>\n<div>\n<blockquote data-width=\"500\" data-dnt=\"true\">\n<div lang=\"en\" dir=\"ltr\">\n<p>None of this is coordinated \ud83d\ude06\ud83e\uddd0, and there isn&#8217;t a single shred of truth in any of it. <\/p>\n<p>At the very moment people claimed Binance was selling, they were actually purchasing $1 billion worth of <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a>. <br \/>Furthermore, Binance or ETFs don&#8217;t sell on their own, it is the users of\u2026 <a href=\"https:\/\/t.co\/tOR8QzRlz2\">pic.twitter.com\/tOR8QzRlz2<\/a><\/p>\n<\/div>\n<p>\u2014 Meta Financial AI (@MetaFinancialAI) <a href=\"https:\/\/twitter.com\/MetaFinancialAI\/status\/2017179736984687040?ref_src=twsrc%5Etfw\">January 30, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>In an open <a href=\"https:\/\/x.com\/binance\/status\/2017098967570641362?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">letter<\/a> to the community, Binance stressed that it \u201cholds itself to elevated standards\u201d and \u201ccontinually improves based on feedback\u201d from users and the broader public.<\/p>\n<p>The exchange revealed that in 2025, it continued investing in risk controls, compliance, and ecosystem development, citing a series of highlights:<\/p>\n<ul>\n<li>Binance said it assisted in recovering $48 million across 38,648 incorrect user deposits.<\/li>\n<li>It added that it helped 5.4 million users and prevented an estimated $6.69 billion in potential scam-related losses.<\/li>\n<li>It said cooperation with law enforcement contributed to the confiscation of $131 million in illicit funds.<\/li>\n<li>It noted that 2025 spot listings spanned 21 blockchains, led by Ethereum, BNB Smart Chain, and Solana.<\/li>\n<li>It reported Proof of Reserves totaling $162.8 billion across 45 crypto assets.<\/li>\n<\/ul>\n<p>A personal response also came. CZ weighed in publicly, brushing off the latest allegations as a familiar cycle.<\/p>\n<blockquote>\n<p>\u201cNot the first time, won\u2019t be the last time.\u00a0Been receiving FUD attacks since day 1. Will address it in the AMA tonight, look below the surface on why and how,\u201d he <a href=\"https:\/\/x.com\/cz_binance\/status\/2017052558439637338?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">shared<\/a>.<\/p>\n<\/blockquote>\n<figure>\n<div>\n<blockquote data-width=\"500\" data-dnt=\"true\">\n<div lang=\"en\" dir=\"ltr\">\n<p>FUD doesn&#8217;t hurt the target. My followers increased.<\/p>\n<p>FUD hurts the market (ie everyone).<\/p>\n<p>I\/Binance do not sell in any meaningful amounts. <\/p>\n<p>My selling = I swipe my card and $5 worth of BNB gets converted\/sent to the coffee shop.<\/p>\n<p>I don&#8217;t run Binance anymore, but based on what I\u2026<\/p>\n<\/div>\n<p>\u2014 CZ \ud83d\udd36 BNB (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/2017111254746153175?ref_src=twsrc%5Etfw\">January 30, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>The renewed scrutiny of Binance reflects more than a single event or set of claims. It highlights how fragile trust remains in crypto after years of volatility, leverage-driven crashes, and high-profile failures. <\/p>\n<p>In a market still struggling to recover, unresolved questions tend to resurface.<\/p>\n<\/div>\n<div>\n<p>Disclaimer<\/p>\n<div>\n<p>Following the <a href=\"https:\/\/beincrypto.com\/trust-project\/\" target=\"_blank\" rel=\"noopener noreferrer\">Trust Project<\/a> guidelines, this feature article presents opinions and perspectives from industry experts or individuals. BeInCrypto is dedicated to transparent reporting, but the views expressed in this article do not necessarily reflect those of BeInCrypto or its staff. Readers should verify information independently and consult with a professional before making decisions based on this content. Please note that our <a href=\"https:\/\/beincrypto.com\/terms-and-conditions\/\" target=\"_blank\" rel=\"noopener noreferrer\">Terms and Conditions<\/a>, <a href=\"https:\/\/beincrypto.com\/privacy-policy\/\" target=\"_blank\" rel=\"noopener noreferrer\">Privacy Policy<\/a>, and <a href=\"https:\/\/beincrypto.com\/disclaimer\/\" target=\"_blank\" rel=\"noopener noreferrer\">Disclaimers<\/a> have been updated.<\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/beincrypto.com\/crypto-twitter-cz-binance-scam-allegations\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Kamina Bashir<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto Twitter has revived scam and manipulation claims against Binance, tying October 10 platform disruptions and liquidations to alleged structural failures rather than a purely macro-driven crash. Binance denies any wrongdoing, pointing to system stability, internal reviews, and over $600 million in compensation and support measures, while some early accusations were later withdrawn. The backlash<\/p>\n","protected":false},"author":1,"featured_media":889190,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22426,35489],"tags":[],"class_list":{"0":"post-889189","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-binance","8":"category-playbook"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/889189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=889189"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/889189\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/889190"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=889189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=889189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=889189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}