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International Business Times
International Business Times
Business
Marvie Basilan

Is Binance Manipulating Crypto Prices? Community Figures Accuse Leading Exchange Of Wiping Out Coins

Binance Crypto Changpeng CZ Zhao Butcher
Binance is under fire for allegedly manipulating crypto prices. (Credit: Unsplash)

KEY POINTS

  • A well-followed crypto analyst said Binance "wiped out all altcoins for the past three years"
  • Another prominent crypto user said all the altcoins launched by Binance were now down "-95%"
  • Binance Founder CZ has also been questioned on why the platform lists projects that use coin holders as "exit liquidity"

Binance has been trending all weekend on X amid accusations that the leading cryptocurrency exchange engaged in price "manipulation" over the last few years.

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