$19 Billion Liquidated. 1.6M+ Traders Wrecked. Binance Has Done Nothing.
On October 10–11, 2025, inadequate platform safeguards on Binance contributed to a catastrophic liquidation cascade. If you were impacted, it's time to fight back.
On October 10–11, 2025, inadequate platform safeguards on Binance contributed to a catastrophic liquidation cascade. If you were impacted, it's time to fight back.
In less than 48 hours, inadequate risk controls and platform safeguards on Binance contributed to one of the largest liquidation events in crypto history.
A sudden wave of liquidations hits Binance futures markets. Leveraged positions are force-closed across major pairs. Stop losses fail to execute at expected prices.
Liquidations cascade as margin calls trigger further sell-offs. Thousands of traders report total position wipeouts. Social media erupts with evidence of price manipulation and failed safeguards.
Despite massive community outcry, Binance offered no meaningful post-mortem and minimal support for affected users. The compensation provided covered a fraction of actual losses.
To this day, Binance's response has been vastly insufficient — covering less than 1% of total losses with no meaningful accountability.
The October 2025 cascade was not an isolated incident. If Binance failed you at any point, your experience strengthens the case.
Binance has repeatedly gone offline during peak volatility, trapping traders in positions they couldn't exit. If downtime cost you money, report it.
Incorrect mark prices, delayed feeds, and liquidations triggered at prices that didn't match the broader market. These aren't one-time glitches. They're a pattern.
Abnormal funding rate spikes during volatile periods that sharply deviated from norms on other exchanges effectively drained accounts. If funding rates cost you more than they should have, your data matters.
Binance changed leverage limits, margin requirements, and position caps while traders held open positions, forcing liquidations on people who entered under different terms. Changing the rules after the bet is placed is not risk management. It's a breach.
Binance marketed strong risk management, insurance fund protections, and fair liquidation mechanics. When the systems failed, none of it worked as advertised. If the platform you traded on wasn't the platform you were promised, that matters.
Whether your losses happened in October 2025 or years earlier, every report strengthens the case.
Predatory liquidation mechanics wiped out positions without adequate safeguards. You trusted the platform with your capital. You lost it. And you're one of over 1.6 million traders in the same position.
By submitting your report, you join a growing coalition of affected traders building a case with real leverage. The more participants, the greater the pressure to pursue refunds and compensation.
Confidentially share what happened: your positions, losses, and timeline. It takes just a few minutes.
Experienced crypto litigation attorneys review every submission and build the case.
Join a class action to hold Binance accountable and pursue compensation for your losses.
You held leveraged positions on Binance that were force-liquidated during the October 2025 cascade.
Your positions were closed without adequate warning, at prices that did not reflect fair market conditions.
You lost capital as a direct result of Binance's actions during this event.
This is a global effort. Affected traders from any country are encouraged to participate.
You don't need to have lost money to help. If you're a current or former Binance employee, contractor, or industry insider with knowledge of serious misconduct, your information could be critical.
Firsthand knowledge of market manipulation, intentional liquidation engine abuse, misleading disclosures, suppression of internal risk warnings, or any conduct that harmed traders. The more specific and documented, the stronger the impact.
We work with regulatory bodies including the SEC and CFTC to pursue formal whistleblower claims. Tips that lead to enforcement actions can result in significant financial awards. Your identity stays protected throughout.
Pav Gill exposed the €24 billion Wirecard fraud, one of the largest corporate scandals in European history. A former Magic Circle lawyer and fintech general counsel, he saw criminality from the inside and, after threats to his life, was forced to act. Today he leads Confide Platform, helping organisations surface and mitigate risks before they explode. He remains a relentless advocate for whistleblowers and victims of serious misconduct alike.
The more people who report, the stronger the case. Help us reach every trader who was impacted.
All submissions are encrypted end-to-end. Attorney-client privilege applies to communications with the legal team. You can remain anonymous throughout the process.
Our legal teams specialize in crypto litigation and have held major platforms accountable before.