On-Chain Data Shows Binance Isn't Exhibiting ‘FTX-Like’ Behavior: CryptoQuant

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.FTX_Official 'reserves were basically zero a few days before everything unwinded,' says cryptoquant_com analyst jjcmoreno, citing on-chain data. He compares the difference between the recent record outflows from binance to FTX:

 

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CryptoQuant: On-Chain Data Shows Crypto Exchange Binance Isn't Exhibiting ‘FTX-Like’ BehaviorThe analytics firm found the exchange is almost entirely collateralized and diversified away from its proprietary token. cryptoquant_com binance thesamreynolds cryptondo cryptoquant_com binance thesamreynolds Let's hope cz_binance and binance doesn't use Slack and QuickBooks 🤣🤣🤣 cryptoquant_com binance thesamreynolds Next month- how CZ paid off CryptoQuant CEO to write favourable articles loolll
Source: CoinDesk - 🏆 291. / 63 Read more »

Former FTX spokesman Kevin O'Leary says he believes Binance put FTX 'out of business intentionally'Ex-FTX spokesman Kevin O'Leary told a Senate committee Wednesday he believes FTX rival Binance put the fallen crypto exchange 'out of business intentionally.' Smoke more crack. I thought all these articles begin with: without evidence…,, Bullsh!t Kevin
Source: FoxBusiness - 🏆 458. / 53 Read more »

FTX wants permission to sell FTX Japan and FTX Europe as well as LedgerXFTX has asked the Delaware Bankruptcy Court for permission to sell LedgerX, Embed, FTX Japan and FTX Europe, after CFTC Chairman Rostin Bernham noted that LedgerX has more cash than the rest of the debtors combined. It's getting worst. Ho ho ho They should have thought of that earlier
Source: Cointelegraph - 🏆 562. / 51 Read more »

CryptoQuant verifies Binance's reserves, reports no ‘FTX-like’ behaviorThe world’s largest crypto exchange is still at the center of a FUD-fest, but an independent analysis by CryptoQuant has backed its proof of reserves audit. Go Binance10M! Do yall know what happens when the Binance fud is gone? get yo long bags ready. Bluebird index ($BNB $MASK $DOGE)
Source: Cointelegraph - 🏆 562. / 51 Read more »

FTX Bahamas co-CEO Ryan Salame blew the whistle on FTX and Sam Bankman-FriedFTX Digital Markets co-CEO alerted the securities regulator in the Bahamas to the fraud being committed at the exchange, telling the authorities that FTX was sending customer funds to Alameda Research. And Alameda was buying FTT’s with it’s credit scores coffeebreak_YT Can't wait to see this unravel. I want to see politicians and regulators that had a hand in this be held accountable.
Source: Cointelegraph - 🏆 562. / 51 Read more »

Binance 'put FTX out of business' — Kevin O'LearyMr. Wonderful thinks Binance put FTX_Official out of business. On Dec. 14 speaking at the US Senate committee hearing, Kevin O'Leary said that he believes the heads of the exchanges were at war. binance FTX_Official After all, my job is still just living a leisurely life binance FTX_Official If FTX was a legitimately run company as it publicly portrayed, a “tweet” by CZ should not have caused it to become insolvent to the public eye, sad to see O’Leary behaving in such an amateur way for a seasoned investor & entrepreneur himself, he should call it what it was, fraud binance FTX_Official great, Senate will decide based on someone's beliefs? Can they be more objective? Pepsi is out of business because its CEO is at war with Coke's CEO logic innit
Source: Cointelegraph - 🏆 562. / 51 Read more »