**[Binance Denies Sending Legal Threat Letters to Users Accusing It of Insolvency]** Deep Tide TechFlow reports that on February 5, according to The Block, cryptocurrency exchange Binance has clarified that a widely circulated cease-and-desist notice online is fake. The notice was allegedly directed at an individual accusing the exchange of insolvency. Social media user Lewsiphur claimed on Wednesday via the X platform that Binance was insolvent and warned that this could have a "catastrophic" impact on the market. Subsequently, the user claimed to have received a cease-and-desist letter from Binance and shared an image of the document. Binance's official customer support account responded, stating: "This letter is not from Binance; it is a highly imaginative forgery." In recent weeks, rumors about Binance's insolvency have been spreading, often linked to a supposed cryptocurrency market crash in October 2025. Binance co-founder He Yi stated that despite users initiating withdrawal activities, the assets on Binance's addresses have actually increased.