Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
TechFlow reports, Coinbase executive Conor Grogan posted on X platform stating that according to Binance's Proof of Reserves (PoR) data, its crypto holdings include $6.35 billion in total assets and $3.19 billion in stablecoins, excluding off-chain cash balances or funds in wallets not included in the PoR. It is highly likely that Binance can fully pay the $4.3 billion penalty to the Department of Justice without selling any crypto assets.
Coinbase executive Conor Grogan posted on X, stating that according to Binance's Proof of Reserves (PoR) data, its crypto holdings include $6.35 billion in total assets and $3.19 billion in stablecoins, excluding off-chain cash balances or funds in wallets not included in the PoR. It is highly likely that Binance can fully pay the $4.3 billion penalty to the U.S. Department of Justice without selling any crypto assets.
Navigating Web3 tides with focused insights
