A new report from cryptoquant_com says binance is not exhibiting ‘FTX-like’ behavior. By thesamreynolds.
CryptoQuant says that Binance’s level of clean reserve is “acceptable”.about the financial health of Binance, Hochan Chung, CryptoQuant’s head of marketing, points to the availability of on-chain data to corroborate all claims, even if you don’t trust the exchange’s published report.
, such as luxury apartments for staff, a generous DoorDash allowance for food delivery, and a chartered aircraft to fly Amazon deliveries to the Bahamas from the U.S. ."From compromised systems integrity and faulty regulatory oversight abroad, to the concentration of control in the hands of a very small group of inexperienced, unsophisticated and potentially compromised individuals, this situation is unprecedented."
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