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AI Trading Firm Behind $60M Crypto Liquidation Commits to Full Loss Coverage

AI Trading Firm Behind $60M Crypto Liquidation Commits to Full Loss Coverage
A company responsible for an AI-driven trade that triggered $60 million in crypto liquidations has announced it will cover all resulting losses. The firm, which operates an automated trading algorithm, acknowledged the incident and pledged to fully compensate affected users. This move aims to restore trust and stabilize market sentiment following the significant liquidation event that impacted multiple cryptocurrency positions, including major assets like BTC and ETH.
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