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a bomb is going to explode over Binance
by
esol
on 26/12/2019, 06:16:33 UTC
hi all

I’m going to reveal to authorities and community how Binance platform weakness might seriously affect your money balance because of well documented outages during peak market activity, that as happened to me, might leads do big money loss for improper positions liquidation!

Simply, Binance Trading Platform “freezes” for up to minutes stopping to update market data flow (ticker price and order book) misleading your orders issue/confirmation and actual market position, causing unwanted situations (such as futures liquidation) and missing-out market sudden movements!

I’m currently writing a detailed white-paper about Binance platform outages to be sent to main authorities such as
- EBA (European Bank Authority
- EIOPA (Consumer protection & financial innovation)
- ODEC (Digital Age Financial Consumer Protection)
- SEC (US Securities and Exchange Commission)
- CONSOB (Italian National Commission fo Financial Markets Supervision)

...and of course all the crypto-space community!

As Binance support ignored my well documented complaints without any respect, any help spreading these informations is welcome.

Binance is playing with our money running their platform over undersized shared IT resources at AWS instead managing their own full controlled data centres, as expected from the alleged world’s leading crypto exchange...

Feel free to contact me by PM for further explanations at any time.

TBC.
/ EP