Wintermute CEO Denies Binance Lawsuit Rumors After “Crypto Black Friday”

Evgeny Gaevoy, founder and CEO of cryptocurrency market-making firm Wintermute, has categorically denied online speculation that his company is preparing to sue Binance over alleged losses sustained during the catastrophic market crash of October 10. The “Crypto Black Friday” crash erased billions in value across the market. Moreover, many in the community blamed Binance after its systems reportedly froze during the year’s most intense liquidation wave. Wintermute CEO Clears the Air on Binance Lawsuit Rumors In a recent post on X (formerly Twitter), Gaevoy clarified that Wintermute has no intention of taking legal action against Binance, and does not anticipate doing so in the future source: https://beincrypto.com/wintermute-binance-lawsuit-denial-crypto-crash/