- #BoycottBinance trends on X amid claims exchange manipulates new alt listings
- Analysts accuse Binance of “dirty tactics” after ACT, GUNZ prices crash post-listing
- Controversy fuels calls for DEX adoption and user self-custody of assets
The #BoycottBinance hashtag has been trending on X (formerly Twitter) as crypto investors express outrage over the price crashes of multiple altcoins listed on Binance.
Users claim the exchange is engaging in pump-and-dump schemes, with analysts and traders pointing out significant market manipulation.
UPDATE: #BoycottBinance gains traction on ‘X’ as users alleging #Binance manipulates altcoin prices through futures trading and market-making strategies.
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What Specific Allegations Are Being Made Against Binance?
Crypto analyst Jesus Martinez directly accused Binance of causing massive liquidations related to certain altcoins listed on its derivatives platform. In prior posts on X, he had warned traders, stating his belief that Binance sometimes engages …
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