🚨 BREAKING NEWS: Binance CEO Richard Teng Speaks Out! 💥
Binance will compensate affected users who lost funds during last night’s extreme volatility — an event that caused several key tokens to depeg temporarily. 📉
In a heartfelt public statement, Teng said:
> “I’m truly sorry to everyone who was impacted … We don’t make excuses — we listen closely, learn from what happened, and are committed to doing better.” 🙏
He emphasized that reimbursements will apply only to losses caused by Binance-related issues, not normal market movements or unrealized profits.
🪙 Tokens Affected:
USDe – Stablecoin that briefly lost its peg 💵
BNSOL – Binance’s Solana liquid staking token 🌊
WBETH – Wrapped Beacon ETH staking token 🔗
This move marks a major step in Binance’s ongoing effort to rebuild user trust amid regulatory scrutiny and past controversies. ⚖️
