
庞教主|Oct 13, 2025 09:28
Back in the day with FTX, SBF deserved to go down for misusing user assets, and Binance did have solid evidence. But Binance could’ve handled the issue in other ways—instead, they chose the most destructive method and directly took FTX out.
Then there was the Hyperliquid Jelly incident. Jelly got maliciously liquidated, almost causing Hyper’s treasury to collapse. Binance immediately listed Jelly, adding fuel to the fire and making things worse for Hyper.
To be fair, this was partly due to flaws in Hyper’s mechanism.
But Binance’s series of moves were just disgusting—like they couldn’t wait for their competitors to die.
Whenever a rival has a problem, they go straight for the kill. There were second, third, and fourth options, but in the end, FTX was wiped out, causing the entire industry to crash at the time. Thankfully, Hyperliquid managed to pull through.
Damn, Binance might have been in the right in these situations, but their tactics are so low. It’s like they’re hell-bent on destroying every competitor, showing their ugly side.
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