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Wintermute Denies Binance Lawsuit Plans Amid Market Maker Rumors
Yahoo Finance· 2025-11-04 17:30
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 of social media speculation linking the market maker to potential litigation over auto-deleveraging executions during the October 10-11 flash crash that liquidated $19 billion in positions and briefly erased $60 ...