Binance, the world’s largest cryptocurrency exchange, is still struggling to escape the FUD (Fear, Uncertainty, and Doubt) surrounding it.
Finally, it was claimed that Binance sent a warning letter regarding the bankruptcy rumors.
Binance responded to these allegations, stating that the document was fake.
Binance has announced that a cease and desist letter circulating online, demanding the removal of posts related to its bankruptcy, is a forged document.
According to The Block, a user named X claimed in a post that the exchange had gone bankrupt and that this would be an even bigger shock than the collapse of FTX.
User X, named Lewsiphur, later claimed to have received a warning letter from Binance and shared an image of it. The document stated that legal action would be taken if the post was not removed.
However, Binance stated that it did not send the letter, that the document was fabricated, and that it did not request its removal or threaten legal action.
The official statement from Binance Customer Support included the following:
“This letter is not from Binance. It’s a highly fanciful forgery. Please be wary of fake documents and misleading information.”
It is noteworthy that rumors of Binance’s bankruptcy surfaced around the same time as claims that the exchange played a significant role in the October 2025 crash.
*This is not investment advice.
