abuRobin | Coin1688.dao

the liquidation cascade on friday was a coordinated attack that began with a usde de-peg the attack occured on binance and the de-peg only happened on binance the de-peg was only possible because of issues with binances pricing oracle binance controlled the vulnerability and the attack vectors they also knowingly had poor pricing controls around usde and margin collateral the timing of the attack - around the trump posts - was cover it is my belief binance carried this attack out themselves in an attempt to cause an industry-wide mass liquidation cascade with the ultimate goal of destroying hyperliquid it didn't work hyperliquid