The content explains that a user named AB Kaui Dong raised concerns about suspicious onchain activity by the cryptocurrency exchange Binance, claiming that the exchange was selling off a large amount of its BTC and ETH assets. The allegations gained attention and were reported by major crypto publications. However, Binance clarified that the transactions were part of its accounting process and not selling off assets. Dong also confirmed that Binance is safe at present. As a result, Cointelegraph retracted its previous allegation.
Content Editor ( news.bitcoin.com )
- 2025-02-12
Binance Accused of Selling off Assets, Denies Rumors
