Binance publishes proof of reserves website list 611,919 BCH liabilities but links to cold wallet with a balance of only 112,615 BCH. They literally have posted evidence that they have only fractional reserves.

https://www.binance.com/en/assets-proof screenshot: https://i.redd.it/i6fdch8e35z91.png Bitcoin Cash BCH Bitcoin Cash Proof of Assets 451,920 BCH qre24q38ghy6k3p…8hqmxmqqn28z85p BCH Wrapped Token 9,713 BCH BEP2 150,286 BCH Cold wallet backing: https://www.blockchain.com/bch/address/qre24q38ghy6k3pegpyvtxahu8q8hqmxmqqn28z85p Final Balance: 112,615 they fucked up on listing it for BCH. They listed their liabilities instead of the actual balance on their cold wallet. Read more…

El Salvador’s Bitcoin are NOT stuck on FTX

El Salvador has 3281 Bitcoin. There is a rumor today that El Salvador’s Bitcoin were stuck on the FTX exchange. This rumor was even covered in a newspost that got shared here multiple times. ​ https://preview.redd.it/ll6pzthyt4z91.png?width=736&format=png&auto=webp&s=dbffadd2e7887f1e647eceed568496685dc79e0c But this rumor was not true. CZ exchanged messages with President Nayib and Bukele Read more…