Good day 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" money. That is a few compensation program for the Oct 10-11 "irregular ADL" failure (which Wintermute's CEO alleged), the place Binance is publicly refusing to elucidate its personal criteria.

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

The Full Story & Proof

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

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

Part 1: The First Admissions (Case 149802630)

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

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

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

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

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

• He refused to answer why 126% loss gets the same as 30% loss.
• He refused to elucidate the standards for the $6,000 maximum payout.
• His last protection was accountable me: "We are sorry that you simply interpreted our answers 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 evidence (126% vs $4k, "components refused"). 2. After 24 hours of strain, u/BinanceHelpDesk replied PUBLICLY. 3. Their official reply was **NOT** to assist, but to dismiss me again: "our group defined to you concerning the last determination... We aren't capable of proceed further." Four. I replied one last time, proving their "rationalization" was a "REFUSAL." 5. Their last response? Complete silence. They might not answer, in order that they ran.`

Conclusion

Binance is operating a compensation program with a public $Four-$6,000 range, however they've **formally admitted (and confirmed on Twitter) that the *actual* method is secret, inner, and will not be offered.**

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

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

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