🚨 Binance launches $400M “Together Initiative” The recent
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Updated at: 3 hours ago
{"content":"🚨 Binance launches $400M “Together Initiative”
The recent crash left many users with heavy liquidation losses. To support the community and rebuild confidence, Binance just announced a $400M recovery plan:
🔸 $300M in USDC for eligible users
– Forced liquidation losses in Futures/Margin (Oct 10–11, 2025 UTC)
– Loss ≥ $50 AND ≥30% of net assets (snapshot Oct 9, 23:59 UTC)
– Compensation between $4K–$6K USDC, distributed in 24–96h
🔸 $100M Institutional Support Program
– Low-interest loan fund for institutional & VIP users affected
⚠️ This is not a 100% refund guarantee, but it’s a major step from Binance to help users during this period.
👉 If you were impacted, reach out to Binance Support (in-app chat or Support Center on the website) to have your case reviewed.","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/15/6d75ee02da7acfcf1cd05257bd1082a2.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}