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Crypto Influencer Denies Binance Added 'Loss at User’s Risk' Waiver

AB Kuai.Dong clarifies Binance’s October 2025 terms update focused on residency, compliance, AML rules, and staff abuse prevention, without introducing any new loss liability clause.

AB

Summary

Crypto Key Opinion Leader AB Kuai.Dong refuted rumors that Binance added a 'loss at user’s risk' clause in its October 10, 2025 Terms of Service update. The comparison with the June 2024 version showed amendments related to residency requirements, compliance protocols, anti-money laundering measures, data handling, and safeguarding staff against abuse. No modifications were found assigning technical issue losses to users.

Terms & Concepts
  • AML (Anti-Money Laundering): Regulations and procedures designed to prevent criminals from disguising illegally obtained funds as legitimate income.
  • Compliance: Adherence to laws, regulations, and internal policies relevant to business operations, including financial and data regulations.
  • Technical waiver: A contractual clause that releases a party from certain obligations or liabilities under specific technical or operational conditions.