Exposing the Binance XRP and Crypto Scam

When a financial market collapses within minutes, it raises questions about whether the crash was a natural market event — or a deliberately engineered ￰0￱ question is now echoing across the crypto world after an explosive video from Levi Rietveld accused Binance, the world’s largest exchange, of failing to protect retail investors during one of the most severe liquidation events in crypto ￰1￱ Crash That Shocked the Crypto World The event that triggered Rietveld’s allegations was no ordinary market ￰2￱ hours, Bitcoin plunged from around $120,000 to $102,000, while XRP nosedived from $2.80 to $1.20, before rapidly ￰3￱ other major cryptocurrencies fell between 60% and 90%, erasing billions in market value almost ￰4￱ to independent trackers, more than $16.8 billion in long positions were wiped out within 24 hours — the single largest liquidation event ever recorded in the crypto ￰5￱ The Binance #XRP & Crypto Scam ￰6￱ — Levi | Crypto Crusaders (@LeviRietveld) October 11, 2025 Binance later acknowledged “heavy market activity” that caused “high load” and “intermittent delays,” assuring users that “funds are safe.” But for millions of traders who watched their accounts liquidate while being unable to log in, that reassurance came too ￰7￱ Rietveld’s Explosive Allegations In his viral X video, Levi Rietveld declared: “Today I am putting absolutely everything on the line for you guys and putting myself potentially in harm’s way to expose something that happened, which I believe to be either the most gross negligence the world has ever seen, or some of the most insane market manipulation we have ever witnessed.” Rietveld accused Binance of not acting to halt cascading liquidations even though, as the dominant global exchange and liquidity provider, it had the tools to do ￰8￱ said: “They could have done a proactive trading halt, dynamic margin hikes and circuit breakers, liquidity injections, API throttling tweaks, and cross-margin ￰9￱ they didn’t.” He further claimed that while insiders and institutional players were able to execute trades and profit from the chaos, most retail traders were locked out: “Ninety percent of you guys watching this were not able to do any of that.

I had to just watch my order get liquidated and was unable to log in and do anything about it.” We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Market Structure Under Fire Experts note that stock markets use circuit breakers and trading halts to stabilize prices during extreme volatility — mechanisms rarely implemented in ￰10￱ argues that Binance’s failure to pause trading or raise margin requirements accelerated the collapse and allowed whales to profit from the cascading ￰11￱ from Hyperliquid, a decentralized exchange, appeared to show a trader closing massive short positions in Bitcoin and Ethereum just before the crash, earning close to $200 million in profit.

“Imagine what centralized exchanges could do when those transactions are completely hidden,” Rietveld warned, suggesting insider activity may have amplified the ￰12￱ for Transparency and Accountability The debate now centers on whether the event was the result of technical overload or intentional ￰13￱ analysts and regulators are calling for Binance and other major exchanges to release detailed trading logs, latency data, and outage records to verify whether users were treated ￰14￱ insists that “this is not a fair market anymore… this is a market that serves the top 0.1% elite who are making billions of dollars at the cost of everyone else.” Until investigations reveal what truly happened, Rietveld’s claims have sparked a broader reckoning about the fragility of centralized crypto systems and the urgent need for greater oversight, transparency, and ￰15￱ this was “gross negligence” or “insane manipulation,” as he put it, the crypto community agrees on one point — the truth must come ￰16￱ : This content is meant to inform and should not be considered financial ￰17￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰18￱ are urged to do in-depth research before making any investment ￰19￱ action taken by the reader is strictly at their own ￰20￱ Tabloid is not responsible for any financial ￰21￱ us on Twitter , Facebook , Telegram , and Google News