PANews reported on November 9th that, in response to community rumors that Binance modified its terms and conditions the day before the 1011 liquidation incident (October 10th) to include a technical disclaimer, crypto KOL AB Kuai.Dong posted a statement on the X platform refuting these rumors. He stated that by checking historical announcements from the exchange through tool websites and comparing Binance's terms and conditions from June 2024 with the newly revised terms from October 10th, 2025, there was no such modification regarding "losses due to platform technical issues being the user's responsibility." The main focus of this user terms and conditions modification is:
• Requirements for changing user's country of residence information
• Compliance, anti-money laundering, information retrieval, etc.
• Prevent attacks or verbal abuse against employees.
