the exchange earned 20 billion, but will pay pennies
Altcoin Trading
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Binance paid $283 million in compensation to affected users after the market crash
Binance, the largest cryptocurrency exchange in the world by trading volume, announced a compensation payment of $283 million to users affected by the asset decoupling during the cryptocurrency market crash on October 10, 2025. The funds have already been distributed among holders of Binance Earn products, including Ethena USDe, BNSOL, and Wrapped Beacon ETH (WBETH).