BlockBeats News, February 5th, Binance co-founder He Yi recently responded to the “Withdrawal Movement” launched by the overseas community: “Some friends in the community have initiated a vigorous withdrawal movement. Although it is not yet clear why there were more deposits to Binance after the movement started, I think it is a good thing to regularly conduct stress tests on all platforms.”
He Yi also reminded users to carefully verify the withdrawal address during the withdrawal process, try to avoid operational errors, because once the on-chain funds are sent to the wrong address, they cannot be recovered.
At the same time, there have been radical accusations against Binance in the market. Community user Rand (@RandySparkys) claimed without providing conclusive evidence that “Binance is already insolvent,” and listed allegations including “outflow of over $22 billion in assets in the past week,” “platform utilization at the lowest level in four years,” “Binance suing those who question its solvency,” and “CZ suing those who accuse him of fraud.” The authenticity of related FUD statements still needs further verification.
