WARNING! Binance will be the next crypto catastrophe after FTX because there is evidence the exchange may be running on fractional reserves!! Binance through their proof or reserves website may have leaked the exchanges liabilities instead of its reserves for a popular cryptocurrency. Although it doesn’t stop at fractional reserves…has the Binance exchange also been insider trading?? Tune in to find out
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⏰ Time Stamps ⏰
00:00 Intro: Centralized Exchanges inflating BTC supply?
00:53 FTX leaked Balance Sheet reveals trading on Fractional Reserves
01:56 Fraction Reserve trading dates back to Mt. Gox era
02:21 Tether USDT running on Fractional Reserves
02:57 BlockFi running on Fractional Reserves
04:00 CZ & Binance Proof-of-Reserve savior?!? Pfft.
09:43 Binance Co-Founder history of insider trading
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Please be advised that I own a diverse portfolio of cryptocurrency as I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media is intended FOR GENERAL INFORMATION PURPOSES not financial advice. The information contained herein is for informational purposes only. Nothing herein shall be constructed to be financial, legal or tax advice.
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