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Ronghui Gu

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ReportedreservesStatement 357

Cointelegraph reported that approximately $3 billion in frozen assets and Binance's $1.17 billion emergency fund could cover about 66% of the reported losses, leaving a potential $2.1 billion gap.

that approximately $3 billion in frozen assets and Binance’s $1.17 billion emergency fund could cover about 66% of the reported losses, leaving a potential $2.1 billion gap.

Speaker
Ronghui Gu
Publisher
Cointelegraph (News media)
Original
Binance says it holds $5B in matching tokens to cover hack losses
Captured
Stored copy
sha256 14088e29a870
Event time
Published
ReportedreservesStatement 915

Cointelegraph reported that CertiK CEO Ronghui Gu said the estimated gap represented about 1.3% of Binance's reported $165 billion in exchange reserves.

Gu said the estimated gap represented about 1.3% of Binance’s reported $165 billion in exchange reserves.

Speaker
Ronghui Gu
Publisher
Cointelegraph (News media)
Original
Binance says it holds $5B in matching tokens to cover hack losses
Captured
Stored copy
sha256 14088e29a870
Published