NEW: Major investigation dropping February 26 on one of crypto’s most profitable businesses where multiple employees abused internal data to insider trade over a prolonged period of time.
My Experience with Binance on October 10th
Yes, Binance had issues that day. It's true that servers can go down when trading volume spikes. But that wasn't the real problem.
The Deposit Issue
During that time, deposits to prevent liquidation were not being processed on Binance.
The Trading Manipulation
There was an even bigger problem. I was trading FTT/USDT on the spot market. I sold at a very low price and attempted to rebuy within 5 seconds. The sell order went through, but the buy order did not. I pressed the buy button multiple times—only errors. Meanwhile, selling still worked.
Think about this: If only sell orders were going through, who exactly was buying all those coins that dropped 90-99%?
I was there. I witnessed it in real-time. Sells executed. Buys blocked. That's when I truly understood how dirty Binance is.
My Losses
- Futures: Total liquidation from the flash crash
- Spot: 80-90% loss
The Compensation Farce
Binance later announced a compensation program. I met every single condition they stated. I received nothing.
After they announced that all compensation had been distributed, I spent days arguing with customer service. Their response:
- "We cannot tell you why you didn't receive compensation—internal policy."
- "The compensation was our goodwill, not an obligation."
All records of my trades are still in my Binance account.
Their PR Strategy
They blur the true nature of their actions. They only respond to idiotic comments like "Binance is making Bitcoin drop"—easy targets to debunk. The posts that actually expose what they did? Those get ignored.
That is how Binance operates.
$DOG has had a profound impact on how I view crypto
If we can create memecoins like $DOG that are decentralized and unruggable then why anybody ever settle for less?
Everyone should study $DOG
It will change your life
99% of you already have the technical skills to become a great trader. What you don't have is:
1. Waiting for the setup to actually come to your buy zone.
2. Not rushing to buy a Breakout trade.
3. Clear established target Zones.
Good Morning to everyone except the Crypto bears who keep declaring it dead whilst it accumulates.
Blue box zone looks like a good area to accumulate Spot buys.
P. S. Please always watch the video updates where we waited for a Dump to 90K. Thank you.
Satoshi gave us Bitcoin. 2009
Leonidas gave us $DOG. 2024
Their legacy & contributions will be immortalized forever on the Bitcoin timechain.
Legends never die.