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This is worth the watch. TL;DR: the non-audit a) doesn't cover Binance's notional holdings of $40B+ in stablecoins at all, b) doesn't match the list of wallets
by rippercushions 4y ago
This is worth the watch. TL;DR: the non-audit a) doesn't cover Binance's notional holdings of $40B+ in stablecoins at all, b) doesn't match the list of wallets they've previously published, and c) there are shenanigans like billions in BTC teleporting into wallets right before the attestation date and teleporting right out afterwards.
- jmull 4y agoI personally wouldn't transfer a dime into Binance, but demonstrating the ability to perform a transaction of a specific time, place, and amount isn't shenanigans.