Crypto KOL clarifies: Checking Binance's historical announcements shows no mention of "losses due to platform technical issues being the user's responsibility."

2025-11-09 13:40:53

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PANews November 9th reported that in response to community rumors, Binance modified its terms on October 11th, the day before the 1011 liquidation incident. The changes included adding a technical disclaimer clause. Crypto KOL AB Kuai.Dong posted on X to clarify, stating that by checking the exchange’s historical announcements through a tool website and comparing Binance’s terms from June 2024 and the newly amended terms from October 10th, 2025, there is no mention of the so-called “losses due to platform technical issues.” The recent user terms update mainly focuses on:

Changes to user residence information
Compliance, anti-money laundering, and information retrieval
Prevention of attacks or insults against employees

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