💲3.9 billion USDT transfer from 'Binance-Cold 2' to 'Binance 3,' triggering questions about its stablecoin activities. ChainArgos notes this as one of Tron's largest transactions. Binance's Nov 1 "proof-of-reserves" claims $18.1 billion in USDT, owing customers $15.3 billion, a significant surge from last year.

Coincidentally, CoinMarketCap reports a $3.6 billion USDT market cap increase in the past month, aligning with the funds in 'Binance 3.' Binance's stablecoin practices face intensified scrutiny post-BUSD issues. Legal challenges from CFTC and SEC, coupled with potential criminal charges, add to the storm surrounding Binance. Stay tuned for updates! #crypto2023 #BinanceSquare #USDT #Stablecoins