Hey everyone. I am scripting this to warn the group concerning the arbitrary and non-transparent process behind the Binance "Collectively Initiative" compensation.

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

• My Loss Ratio: **126%** (Max Severity - $24okay loss / $19okay belongings).
• The Program Range: $Four to $6,000.
• My Payout: **$Four,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 formulation and REFUSED to offer any details.**

The Full Story & Proof

I'm one of the victims of the Oct 10-11 liquidations. My 126% loss ratio proves I used to be some of the severely impacted.

Once I acquired only $4,000 (from a $Four-$6,000 vary), 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 assessment incorporates multiple knowledge factors and danger elements *past* just the web asset worth". (The general public standards was Loss / Internet Belongings).
• Admission #2 (The Smoking Gun): Once I asked for the method, they officially said: "Pricey Consumer, we do not present mathematical calculation on this. I can't inform you on the formulation used."

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

I was advised 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 Staff" (Tavares).

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

• He refused to answer why 126% loss will get the same as 30% loss.
• He refused to elucidate the standards for the $6,000 most payout.
• His remaining protection was in charge me: "We are sorry that you simply interpreted our answers that method."

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

After being stonewalled internally, I took this public to X (Twitter). 1. I posted all the evidence (126% vs $4k, "method refused"). 2. After 24 hours of strain, u/BinanceHelpDesk replied PUBLICLY. three. Their official reply was **NOT** to assist, however to dismiss me once more: "our group explained to you concerning the last choice... We aren't capable of proceed further." 4. I replied one final time, proving their "rationalization" was a "REFUSAL." 5. Their last response? Complete 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 have **formally admitted (and confirmed on Twitter) that the *actual* components is secret, inner, and will not be offered.**

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

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

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