"So, step one, let's see your top-level balance sheet, you know, assets and liabilities." "Sure, we have a notional $1 billion in a combination of junk bonds t

"So, step one, let's see your top-level balance sheet, you know, assets and liabilities." "Sure, we have a notional $1 billion in a combination of junk bonds that have already crashed to a market value of $25 million and other cryptocurrencies worth another nominally $15 million as long as we never try to actually sell them, and we have $1.4 billion in concrete dollar liabilities." Numbers completely made up, just to be clear. You can investigate that until you're blue in your face and apply all the nuance in the world to it, that's never going to make any sense. Also, I'd say Binance is well aware of the message the speed is sending. I don't think that's a mistake. This sort of signalling in "the metadata" of a message happens all the time. You can decide whether or not you believe it.