Evgeny Gaevoy, CEO of Wintermute, clearly stated that the company never contemplated suing Binance and has no intention to do so in the future, alluding to circulating market speculation.
Amid a notable deleveraging in the crypto market, exceeding $20 billion liquidated, Binance has acted responsively by compensating affected traders, ensuring the platform’s integrity while Gaevoy confirmed Wintermute’s financial health.
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