PANews丨APP全面升级|Nov 09, 2025 15:24
Crypto KOL debunks rumors: No such modification as 'losses due to platform technical issues are at users' own risk' found in Binance's historical announcements.
In response to community rumors that Binance modified its terms on October 10, the day before the liquidation incident on October 11, to include a technical liability exemption clause, crypto KOL AB Kuai.Dong posted to clarify:
Using a tool website to check the exchange's historical announcements, a comparison was made between Binance's terms from June 2024 and the newly revised terms on October 10, 2025. There was no such modification as 'losses due to platform technical issues are at users' own risk.' The recent user terms update mainly focused on:
· Requirements for changes to users' country of residence information
· Compliance, anti-money laundering, and information retrieval
· Prevention of attacks or abuse towards employees
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