Binance Clarifies Forbes Report and Calls It an Intentional FUD

Binance, the largest crypto exchange, has refuted the claim by Forbes that the business secretly moved $1.8 billion in collateral designed to support the Binance stablecoin, BUSD. “While Binance has previously acknowledged that wallet management processes for Binance-pegged token collateral have not always been flawless, at no time was the collateralization of user assets affected,” The post Binance Clarifies Forbes Report and Calls It an Intentional FUD appeared first on Coin Edition .