Faisal Abbas GB
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💸 Binance confirms FDUSD security, but Sun still insists on bankruptcy of FDT
Binance has published a report according to which, according to the results of the latest audit, the reserves of FDUSD amount to $2.05 billion, more than the volume of tokens in circulation. It's nice to know that their funds are stored in safe places — US government bonds and fixed deposits, which confirms the full security of the stablecoin. Well, at least that's what they say.
But Justin Sun does not waste time in vain and continues to convince us that First Digital Trust is on the verge of bankruptcy. According to him, the company is already insolvent, and everyone should urgently sever ties with it.
The court will decide the fate of the founder of FDT, Vincent Chok. It seems that San knows exactly where and how to spur interest in his ideas.
#Binance
Binance has published a report according to which, according to the results of the latest audit, the reserves of FDUSD amount to $2.05 billion, more than the volume of tokens in circulation. It's nice to know that their funds are stored in safe places — US government bonds and fixed deposits, which confirms the full security of the stablecoin. Well, at least that's what they say.
But Justin Sun does not waste time in vain and continues to convince us that First Digital Trust is on the verge of bankruptcy. According to him, the company is already insolvent, and everyone should urgently sever ties with it.
The court will decide the fate of the founder of FDT, Vincent Chok. It seems that San knows exactly where and how to spur interest in his ideas.
#Binance
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