When Binances’ $1 billion crypto industry bailout fund drops - 1 billion binance USD stablecoins, minted by binance, with no proof of reserve or liabilities. Nothing to see here.

When Binances’ $1 billion crypto industry bailout fund drops – 1 billion binance USD stablecoins, minted by binance, with no proof of reserve or liabilities. Nothing to see here.

For me it seems like CZ is desperately trying to make it look like Binance has enough reserves when they clearly doesn’t.

https://preview.redd.it/a79723und02a1.jpg?width=640&format=pjpg&auto=webp&s=6d3555828c25e902be11ba35dd736e5a47cc2f3c

I would take my money out of Binance and any other centralized exchanges right now, as a matter of fact i would rather go to the Winchester, have a nice cold pint, and wait for this all to blow over.

submitted by /u/Strict_Resist5
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