Cryptocurrency behemoth Binance (CRYPTO: BNB) on Wednesday denied issuing any legal threats against an individual who alleged the cryptocurrency exchange was insolvent and played a part in the October crypto flash crash.

An X user, going by the pseudonym Lewsiphur, said they received a cease-and-desist notice from Binance, a day after accusing the world’s largest cryptocurrency exchange of insolvency and being “solely responsible” for the Oct. 10 event that triggered the cryptocurrency market’s largest-ever liquidation.

“I really want to expose everything I was told from credible resources but I can’t risk a legal battle,” Lewsiphur said.

Don’t Miss:

Binance denied sending the notice, calling the letter a…