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Binance Confirms $283M User Payout After Pegged Assets Unravel in Brutal Liquidation Wave

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 [...]

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