Binance Responds to ‘FUD’: ‘A Healthy Company Will Not be Dest | Crypto ▪︎ Bitcoin ▪︎ Trading ▪︎ News
Binance Responds to ‘FUD’: ‘A Healthy Company Will Not be Destroyed By a Tweet’
Binance has published a lengthy statement in response to “recent media and community questions” regarding the company’s financial health in the wake of the collapse of rival crypto exchange FTX. The firm wrote that it “does not need” to disclose detailed information on its financial status since it isn’t a publicly traded company. Binance added that it is self-sufficient and “financially healthy,” with “no external financing needs and external investors, and no intention to go public at this stage.”.Binance hit back at allegations that its finances are a “black box,”.
