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**[Wintermute Denies Plans to Sue Binance, Founder Responds to Market Rumors]** Wintermute founder and CEO Evgeny Gaevoy stated on social platform X that the company has never planned to file a lawsuit against Binance and sees no reason to do so in the future. This statement aims to address recent market rumors. Previously, on October 11 (UTC+8), the crypto market experienced a large-scale deleveraging event, with approximately $20 billion in leveraged positions liquidated. Binance subsequently paid around $283 million to affected traders and launched a $400 million user compensation and low-interest loan program. Gaevoy noted that Wintermute's operations are "completely normal" but pointed out "abnormalities" in the prices of some liquidated positions. It remains unclear whether Wintermute has received compensation.

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