Report Claims Binance Commingled User Funds Similar to FTX
A new report claims Binance commingled different investors’ funds last year in a move "eerily" similar to actions by now-defunct cryptocurrency exchange FTX. The world’s largest crypto exchange moved $1.8 billion of coll...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The world’s largest crypto exchange moved $1.8 billion of collateral set to back its customers’ stablecoins late last year, putting the assets to other undisclosed uses, Forbes reported Monday, noting that the practice was similar to maneuvers by FTX....
Read More: Report Claims Binance Commingled User Funds Similar to FTX
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Binance gave Russia customer details despite 2023 exit, report
Crypto exchange Binance reportedly handed Russian authorities the transaction details of one of its customers despite fully withdr...
Bits of Gold Breach May Expose 200,000 Crypto Users, But Funds Remain Safe Online
Key Takeaways: A data breach at Bits of Gold could affect up to 200,000 customers. No exposure of customer funds, crypto assets, p...
Investors Cash Out Fast of Bitcoin ETFs but Price Remains Stable
Bitcoin Magazine Investors Cash Out Fast of Bitcoin ETFs but Price Remains Stable American investors have reversed course, cashing...
Binance Gave Russian Investigators Data of Ukraine Donor to Build a Terrorism Financing Case, Documents Show
Binance supplied Russian investigators with a client’s identity documents and transaction history in 2025, and prosecutors folded...
Binance to plan UK relaunch with FCA license application: Report
Binance’s UK arm has been barred from offering regulated activities in the country since June 2021, but the company will reportedl...
Bitcoin turned $10,000 into $870,000 in a decade where 87% of active stock funds failed to beat passive rivals
Bitcoin returned 87 times over a decade, while only 13% of actively managed US large-cap equity funds beat comparable passive fund...