Binance Confirms Bitcoin Futures Market Attack Was an ‘Accident’

In an unusual turn of events, a debacle between Changpeng Zhao (‘CZ’) and an unnamed entity ensued over Twitter on September 16.

Zhao originally claimed the party attempted to crash the market serving Binance’s newly-launched Bitcoin $10137.8 +0.07% futures product.

Data reveals a sudden dip in the BTC/USD price for the futures order book, which went from $10,324 to $10,024 in seconds on Sunday evening.

“A market maker from a smaller futures exchange tried to attack (the Binance) futures platform,” he wrote.