Binance News - Analyst Peter Brandt has tweeted to ask Binance about the 88% BTC crash.
- Mr. Brandt asked about the relations between Binance and Binance US.
- The famous trader added that he never used Binance for trading.
Famous trader and crypto critic Peter Brandt has taken to Twitter to ask his four questions in the context of the flagship crypto’s 88% dropdown.
At first, Mr. Brandt asked about the character of corporate relations between Binance and Binance US. Its unit focused on American markets.
In addition, Mr. Brandt asks Binance to release a detailed document to specify its trades. Also, the volume and prices during the flash-crash. Then, the analyst asked about the platform role of taking the opposite side of a client.
Adding to this, Mr. Brandt named the Interactive Brokers platform, U.S. watchdogs CFTC, Gary Gensler, SEC, the SEC chairman, and Binance CEO and co-founder Changpeng “CZ” Zhao.
Simultaneously, Brandt attached a screenshot of a tweet by ZC when Binance’s boss warned his audience about expected volatility spikes across the crypto market. However, Mr. Brandt added he never used Binance for trading.
On the other hand, he noted that on Oct. 21, 2021, amidst an expanding rally, the Bitcoin (BTC) price briefly tanked to the $8,000 level, losing more than 88% in no time.
Source: https://coinquora.com/analyst-peter-brandt-challenged-binance-about-88-btc-crash/
