Exchanges· ★★★· neutral·

OKX CEO Star criticizes Binance's $800M compensation claim

  • —Changpeng Zhao said Binance paid roughly $800 million in user compensation
  • —Star said the market crash caused tens of billions of dollars in losses
  • —Star rejected framing partial payouts as a voluntary gesture
  • —Zhao cited continued net inflows into Binance during the criticism
Why it matters: The public clash between the heads of two major exchanges sharpens scrutiny of compensation practices and transparency around client losses.
Source: TokenPost
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