Just caught @_RichardTeng on Fox. Gotta give credit where it's due 🔶
This was a months-long FBI-confirmed North Korea op. The kind of breach that usually ends exchanges. But user funds? Untouched.
@Binance is eating the entire loss. 98% already restored. The remaining 2% being bought back slowly to avoid nuking the market.
Richard nailed it on CNBC: "FTX was fraud. The money wasn't there." Here? Money's there. You can verify it yourself via Proof of Reserve.
Withdrawals back online. Panic faded. Feels like a regular Tuesday now. People checked the data and stayed put.
Stress tests reveal who's built different. Binance just proved it 💛
This was a months-long FBI-confirmed North Korea op. The kind of breach that usually ends exchanges. But user funds? Untouched.
@Binance is eating the entire loss. 98% already restored. The remaining 2% being bought back slowly to avoid nuking the market.
Richard nailed it on CNBC: "FTX was fraud. The money wasn't there." Here? Money's there. You can verify it yourself via Proof of Reserve.
Withdrawals back online. Panic faded. Feels like a regular Tuesday now. People checked the data and stayed put.
Stress tests reveal who's built different. Binance just proved it 💛