Wintermute boss denies plans to sue Binance over the Oct. 10 crash

Wintermute Denies Plans to Sue Binance After Market Crash

Evgeny Gaevoy, head of the trading firm Wintermute, has clarified that the company has no intention of suing Binance over the October 10 market crash.

Wintermute Shoots Down Lawsuit Speculation As Bitcoin Market Reels From October Crash » News.ng

Wintermute CEO Evgeny Gaevoy has dismissed rumours that the market-making firm intends to sue Binance over the October 10 flash crash, calling the speculation “complete nonsense.” The incident, which saw Bitcoin plunge by more than 15% from $121,560 to below $103,000, erased roughly $20 billion in leveraged positions across the market. In a post shared on X (formerly Twitter) on Monday, Gaevoy stated firmly that Wintermute “never had plans to su…

Wintermute CEO Evgeny Gaevoy denies Binance lawsuit rumors

Wintermute dismissed claims of pushing for Binance lawsuit to recover losses during the flash crash. But calls for transparency have spiked.

Wintermute Denies Binance Lawsuit Plans Amid Market Maker Rumors

Wintermute founder Evgeny Gaevoy has dismissed widespread speculation that his firm intends to sue Binance over losses from October’s historic crypto crash, stating “literally nothing changed” since his earlier clarifications and the company never had such plans. The clarification comes after days…

Wintermute founder denies Binance lawsuit rumors

Wintermute founder Evgeny Gaevoy refutes claims that the market maker has plans to sue Binance after the losses incurred during the Oct. 11 market crash. In a recent post shared on Nov. 4, the platform’s chief executive officer and founder…

Wintermute CEO Denies Binance Lawsuit Rumors After “Crypto Black Friday”

Evgeny Gaevoy, founder and CEO of cryptocurrency market-making firm Wintermute, has categorically denied online speculation that his company is preparing to sue Binance over alleged losses sustained during the catastrophic market crash of October 10. The “Crypto Black Friday” crash erased billions in value across the market. Moreover, many in the community blamed Binance after...