Binance: We Have Not Manipulated the Market

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Crypto exchange Binance has said it has not manipulated the market despite unfounded allegations and that it “reserves the right to take legal action to protect its interests.”

It is not clear why the platform has decided to publish a post about it. The company hopes that as the industry strengthens its relationship with regulators, the number of “FUDs and individuals with malicious intent, including posing as Binance employees” will decrease.

On August 21, a Twitter user under the pseudonym RealFulltimeApe claimed to be a former employee of Binance Europe and accused the company of defrauding users. However, the tweet and the account have been deleted.

We should remember that Binance has faced pressure from regulators all over the world during the summer.