Binance's co-founder's take on the responsibility of digital currency fluctuations. Recent token drops on Binance explained.
Yi He, the co-founder of Binance, stated that the exchange cannot be held accountable for the fluctuation of all tokens. This statement came after several tokens like ACT, TST, MASK, and LEVER dropped between 20 to 50 percent in Binance trades. On the first of April, the ACT/USDT trading pair plummeted around 50 percent in just 30 minutes. The following day, ACT and DF saw further declines of 64 and 36 percent respectively. Traders attribute these drops to simultaneous massive sell orders.
