@yigitaga15@Humanityprot@terencekwok Chill out dude... they will probably snapshot and send You the coins on ETH. The only thing which should worry You is whether the price will be still there (don't recommend hedging as they can squeeze shorts too).
@zachxbt@bax1337@BC_KuCoin@lyu_johnny Also not gonna judge if this guy is right or not but they are really shady to me. (not mexc level yet or other tier b bucketshops but still poor)
6 months ago KuCoin admitted fault for my $300K liquidation. Here's what happened since.
I took a Google Meet with their Head of Futures. I went to an in person meeting at Tribes in Dubai Mall with their Global Business Director. I sent 10+ proposals. I gave them every possible way to make this right.
On the call they took full responsibility. They admitted the liquidation was caused by broken infrastructure. Their platform failed and they said so themselves.
But here's the part that's hard to believe. Their Head of Futures couldn't understand basic futures mechanics. I had to explain how margin, liquidation and order book depth works to the person running the futures division at a top 10 exchange.
The person responsible for resolving my case didn't understand the product that caused it.
Their first offer: bring us $2.5 billion in trading volume and you can "earn it back." I did the math for them live in the chat. $10,000 per 100M volume. That's 0.01% return. To recover $250K I would need to generate the monthly volume of a top 50 institutional desk. For free.
I said no.
Their second offer was worse. $20K upfront, but only if I hit 1,000 active users and $300M in volume first. Then a $30K "cashback" that requires KuCoin's manual approval.
I said no again.
Their third offer was even worse than the second. $10K/month. Halved the numbers from the deal they already couldn't close. After an in person meeting. After a Google Meet. After weeks of negotiations.
Every single offer came with the same condition: delete the tweets, stop talking, and come work for us as a KOL. Promote the exchange that wrongfully liquidated me. Bring them users. Make them money. Then maybe they'd consider giving back what they took.
I told them in the chat: "It's like someone steal from me $250K and then tells me come work for me and you'll make it back (maybe)."
Their response? "Let me think about it."
Then silence. Weeks of silence. I had to chase them for every single reply. Christmas came and went and I gave them a final deadline January 6th. They came back with yet another lowball.
KuCoin had their Head of Futures, their Global Business Director, and multiple senior reps in this group chat. They all saw every message. They all went quiet when it mattered.
Today I'm releasing the full 30 minute Google Meet recording and the complete Telegram history. Every message. Every offer. Every time they went silent. You'll hear them admit fault and then watch them do nothing about it.
They had 6 months to make this right. They chose silence.
Video drops today.
@zachxbt KuCoin appears to be holding no $LAB in their wallets and is only topping up to cover small withdrawals. Result? The price there is sitting 20%-50% below every other CEX. Did they offload OTC allocation and plan to redeposit to cold wallet once the OTC is delivered?
@zachxbt KuCoin appears to be holding no $LAB in their wallets and is only topping up to cover small withdrawals. Result? The price there is sitting 20%-50% below every other CEX. Did they offload OTC allocation and plan to redeposit to cold wallet once the OTC is delivered?
@Ergorg Jest rรณลผnica - podobne zejลcie miaลo miejsce rok temu przy tariffs i wtedy gdy tradfi dalej spadaลo btc miaล mniejszฤ dynamikฤ spadku. Tradfi odbiลo i btc odbiล mocniej. Btc to kombo kalendarzyka i tradfi. Obecnie tradfi odbiลo natomiast btc straciล dynamikฤ. Long term lower.
@ltrd_ Also I wouldn't be so sure about bitget perp conclusion - index on binance perp is different than one on bitget perp, which includes as of now also coinbase and bsc, which are different chains and probably prices there were passively following bitget spot but being behind bitget
@ltrd_ Not so much of good content in the space with digging deeper, just so a lot of copy paste or ai slop.
As someone with notis on I just want to thank You and keep on sharing!
@smartestmoney Yeah, now Bitget, Gate and Binance are main villains - not Mexc with unhedged perps same as other shitty exchanges like WEEX, Bitmart, Lbank and XT. Btw Coinbase listed Rave too - are they bad now too?
@Ergorg I czemu nie pisal o RAVE gdy byl po 1-3$ gdy juz wtedy bylo wiadomo w jaka strone to bedzie zmierzac i wiele mniejszych influ pisalo o tym co tam sie dzieje? Zach chyba jest troche leniwy...
Choc zeby nie bylo uwazam ze za akcje na RAVE powinno byc wiezienie.
@Ergorg I albo sie z tym zgadzasz lub nie. Kazdy kto zostal wie w jaka gre gra. Nie rozumiem hejtu na calkiem uregulowane gieldy jak Binance, Gate lub Bitget, podczas gdy jest masa shady gield jak Mexc, Weex lub XT, ktore niedlugo moga poplynac. Czemu za to sie Zach nie wezmie?