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Binance's books are a black box, filings show, as it tries to rally ...

Binance's books are a black box, filings show, as it tries to rally ...
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Corporate filings show that Binance.com's books are a black box: investigation

The exchange said it dealt with net outflows of around $6b over 72 hours last week.

Wei zhouUnited statesUnited arab emiratesDubai world trade centreVilniaus apskritisSouth africaCayman islandsNew zealandSouth africanJoseph edwardsJosh voultersElliott suthersChangpeng zhaoPatrick hillmannMark palmerPierre van helden

Binance's books are a black box, filings show, as crypto giant tries to rally confidence

The world's biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a steep drop in the value of its digital token

Wei zhouUnited statesUnited arab emiratesDubai world trade centreVilniaus apskritisSouth africaCayman islandsNew zealandSouth africanJoseph edwardsJosh voultersElliott suthersChangpeng zhaoPatrick hillmannMark palmerPierre van helden

SPECIAL REPORT-Binance's books are a black box, filings show, as crypto giant tries to rally confidence

The world's biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a steep drop in the value of its digital token. The exchange said it dealt with net outflows of around $6 billion over 72 hours last week "without breaking stride" because its finances are solid and "we take our responsibility as a custodian seriously." After the collapse of rival exchange FTX last month, Binance's founder Changpeng Zhao promised his company would "lead by example" in embracing transparency.

Wei zhouUnited statesUnited arab emiratesDubai world trade centreVilniaus apskritisSouth africaCayman islandsNew zealandSouth africanJoseph edwardsJosh voultersElliott suthersChangpeng zhaoPatrick hillmannMark palmerPierre van helden

Special Report-Binance's Books Are A Black Box, Filings Show, As Crypto Giant Tries To Rally Confidence

The world s biggest crypto exchange, Binance, is battling to shore up confidence after a surge in customer withdrawals and a steep drop in the value of its digital token.

Wei zhouUnited statesUnited arab emiratesDubai world trade centreVilniaus apskritisSouth africaCayman islandsNew zealandSouth africanJoseph edwardsJosh voultersElliott suthersChangpeng zhaoPatrick hillmannMark palmerPierre van helden