Claims Binance 'mishandled' billions in user funds

Ticker News · 2 years ago

Ticker News

2 years ago

[The exchange reportedly moved almost $1.8 billion of user assets without permission, after the crypto crash of 2022. Forbes adds this is what led to FTX collapsing, as former CEO Sam Bankman-Fried moved monies into companies such as Alameda Research. Binance CEO CZ has not yet responded to the claims being made.