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OKX CEO Star Xu has accused Binance of fueling the October 10 crisis that erased nearly $19 billion from crypto markets.
Xu alleges that the turmoil was driven by Binance’s aggressive marketing of Ethena’s USDe synthetic dollar.
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OKX CEO Slams Binance’s ‘Irresponsible’ USDe Marketing
In a January 31 post on X (formerly Twitter), Xu claimed that the market crash was not a random accident of complexity but a foreseeable failure of risk management.
“No complexity. No…
