On January 24, Bloomberg quoted an unnamed Binance spokesperson admitting that the exchange had commingled funds and underfunded certain B-tokens “in error.” However, the spokesperson claimed cause for the underfunding appears to be intentional given that they were manually exported out of Binance, were sent to Circle and Coinbase, and the fact that the USDC assets in the wallet were completely drained.The Binance-Peg wallet shows a sudden $3.6 billion balance drop on August 17, 2022.
In quick succession, Binance forwarded the USDC tokens to the Binance 8 wallet, and from there sent the entire sum to the Binance 14 hot wallet. Binance then sent $1.54 billion of the USDC tokens received by Binance 14 to the Binance 15 and Binance 16 hot wallets. Binance transferred a combined $201 million to Amber Group, Alameda Research And Justin Sun during the week in question.It is difficult to ignore similarities to the transactions that contributed to the crisis and collapse at FTX.
I do not approve this message it sounds like the inside guy behind sept. 11th is trading stocks in my name again to get paid for retirement ATF financing China to fund Russia that I don’t mind as long as Putin stock piles the weapons
🤜🏽🤛🏽
KEEP AN EYE ON THIS STORY , THIS PERSON WILL CAUSE A HUGE COLLAPSE OF THE CRYPTO WORLD WHAT A FRAUD CURRENCY
Why do you have only FUD articles on binance? How about something objective?
Those are just slush funds for our politicians
I don't believe everything that either Binance or Forbes is saying.
BuRy the coin oR BeRRy the coin ?
These crypto currency companies are only making things easier for central banks to develop digital money assets and having despotic control over financial sector of an economy
Very shady…
Sounds like people better pull their money
It is time to get tough on the of Evil. Chinese Communist Party cannot represent the Chinese
No , Binance is Legit . relax everyone 🍺
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