Hiya everybody. I'm scripting this to warn the group concerning the arbitrary and non-transparent course of behind the Binance "Collectively Initiative" compensation.

This isn't simply me complaining about "goodwill" cash. That is a few compensation program for the Oct 10-11 "abnormal ADL" failure (which Wintermute's CEO alleged), where Binance is publicly refusing to elucidate its own criteria.

• My Loss Ratio: **126%** (Max Severity - $24okay loss / $19okay belongings).
• The Program Vary: $Four to $6,000.
• My Payout: **$4,000**.
• My Query: Why did my 126% loss not qualify for the $6,000 Max Payout?
• Binance's Reply (after 5+ hours & Escalations Staff): **They ADMITTED they use secret formulas and REFUSED to offer any particulars.**

The Full Story & Proof

I am one of many victims of the Oct 10-11 liquidations. My 126% loss ratio proves I used to be probably the most severely impacted.

Once I acquired solely $Four,000 (from a $4-$6,000 range), I contacted help (Case 149802630).

Half 1: The First Admissions (Case 149802630)

After hours of arguing, the agent (Gabriela) admitted my 126% calculation was right, but that my payout was low due to secret elements.

• Admission #1 (The Secret Elements): They admitted to using "inner evaluation incorporates multiple knowledge points and danger elements *past* simply the web asset value". (The general public criteria was Loss / Internet Belongings).
• Admission #2 (The Smoking Gun): Once I requested for the formulation, they officially said: "Pricey Consumer, we do not present mathematical calculation on this. I can't inform you on the method used."

Half 2: The 5-Hour Escalation Battle (Case CC8142784)

I was informed my first attraction was rejected (for an irrelevant "system error" cause). I started a new 5+ hour chat that went all the best way to the "Escalations Group" (Tavares).

His job was to silence me. For hours, he simply repeated "our choice is ultimate."

• He refused to answer why 126% loss gets the identical as 30% loss.
• He refused to elucidate the standards for the $6,000 maximum payout.
• His remaining protection was in charge me: "We're sorry that you simply interpreted our solutions that method."

Part three: The Public X (Twitter) Battle & Silence

After being stonewalled internally, I took this public to X (Twitter). 1. I posted all of the proof (126% vs $4k, "components refused"). 2. After 24 hours of strain, u/BinanceHelpDesk replied PUBLICLY. three. Their official reply was **NOT** to help, but to dismiss me once more: "our workforce explained to you concerning the ultimate choice... We aren't capable of proceed further." Four. I replied one last time, proving their "rationalization" was a "REFUSAL." 5. Their last response? Full silence. They might not reply, in order that they ran.`

Conclusion

Binance is operating a compensation program with a public $Four-$6,000 vary, but they've **formally admitted (and confirmed on Twitter) that the *actual* components is secret, inner, and won't be offered.**

This isn't transparency. This isn't "rebuilding confidence." It's an arbitrary "black field."

Right here is the gallery of all of the proof (my emails, and the important thing chat/Twitter screenshots): https://imgur.com/a/CILBey2

Be careful, everybody. Their "goodwill" isn't as truthful because it seems.