TechFlow News, January 31: Star, CEO of OKX, posted again accusing Binance: “I dislike debates—because you can never wake up someone who is pretending to sleep. That said, clarifying the facts remains important. Specifically:
- BTC began declining approximately 30 minutes before USDe de-pegged. This supports the earlier view that the initial market volatility was a market shock. Absent the USDe leveraged loop, the market might have stabilized at that time. Cascading liquidations were not inevitable—they were amplified by structural leverage, as previously explained.
- Dragonfly has never been an investor in OKX—neither as a small nor large investor. In fact, OKX invested in Dragonfly prior to Haseeb Qureshi joining Dragonfly. Additionally, a former fund of one of Dragonfly’s partners (not Dragonfly itself) invested in OKX. These are clear and easily verifiable facts.
- I will not spend further time on this topic. The facts are clear. I have no intention of engaging in prolonged debate.”
Add to Favorites
Share to Social Media
