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RE: Binance FUD Ramps up.

in LeoFinancelast year

Thank you for sharing this article and your insights on the potential solvency issues at Binance. It is definitely concerning to hear about the audit company freezing operations for all exchanges, including Binance. I agree with your decision to withdraw your assets from the platform as a precautionary measure. However, I do think it's important to keep in mind that CZ, the CEO of Binance, has stated that all assets are pegged to liabilities 1:1 and that the platform can withstand large amounts of withdrawals. It would be interesting to see more information and clarification on the situation from Binance. Regardless, it's always important to be cautious and diversify investments to minimize risk. Thank you for your analysis on the potential impact on the price of bitcoin as well.

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