Binance CEO Says Oct. 10 Crash Was Macro-Driven, Not USDe Depeg

Binance CEO Richard Teng has denied claims that the exchange caused the “10/10” liquidation crash, saying it was not Binance’s fault. Speaking at Consensus Hong Kong 2026, Teng explained that the October 10 market drop was due to global economic and political tensions, not any issue specific to Binance. He pointed to new U.S. tariffs […] Read The Full Article Binance CEO Says Oct. 10 Crash Was Macro-Driven, Not USDe Depeg On Coin Edition.