Binance denies system error in alleged $5M AKE loss
Binance denies system error in alleged $5M AKE loss
A trader claims that more than 30 funding-rate arbitrage positions lost over 5 million USDT.Binance says its pricing and liquidation systems operated normally during the AKE surge.The exchange uses external spot-market data because it does not list AKE for spot trading.The trader has requested transaction records, liquidation details and Binance’s risk-control logs.