**CryptoQuant CEO Raises Concerns About FDUSD** 💬💰
Kiyoung Ki, CEO of CryptoQuant, has expressed concerns about FDUSD, stating that its market capitalization ratio is 10 times higher than USDT. He emphasized that 98.5% of FDUSD supply is held in Binance wallets, which raises suspicions of price manipulation, wash trading, and money laundering. While Ki is cautious not to oversimplify the situation, he has not found any positive indications so far.
#CryptoQuant #FDUSD #CryptoMarket #CryptocurrencyConcerns #PriceManipulation