Replying to Avatar cuban

I agree that shitcoiners will but not necessarily that a specific platform will. They're having some FTX like activity on BNB.
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Derek Ross 2y ago

Ah. I haven't been following. Binance has published proof of reserves before, right? So it may not be entirely the same scenario as FTX.

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tanel 2y ago

yes, but no. proof of assets mean that they can short Bitcoin perps and sell their actual Bitcoin into it, use the profits to prop up BNB again

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cuban 2y ago

Agreed, though I've seen some things around how they could have faked it. Genuinely curious if it's something or not. Not just engagement posting :)