CZ and SBF: Spilling the Alphabet Soup of a Crypto Catastrophe 11/17/22
Squawk Pod
00:00
Binance
Binance has always been profitable. So we, but our rough allocation is about a third in stable coins and then a third in some of the larger coins. And also, we keep the B and B coin that we hold very separately in our accounting. That may be somewhat risky or misleading. We have records of our financial statements from very early days. It's very simple. But when you think about the health of the quote unquote balance sheet of so many of these firms in the crypto space in the ecosystem, how much of those balance sheets are accurate?
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