Binance allegedly liquidating customer assets to prop up BNB. Their defense is that they “burn” some of their infinite BNB supply which is worth “so much more than their customer assets”. Anyone can burn trillions of spreadsheet coins. Just like FTT, its worthless.

by FearlessEggplant3036 If they sell any of it at $200 the price will crash to $0, so they do monthly burns eg. if they burn: 1 billion coins x $200 = 200 Billion dollars burned, so why would a company …

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CMBS enters bargaining stage, liquidating assets, tidying balance sheets, industry stoicing; Bankcruptcy surge;M2 money supply is contracting at the deepest level EVER seen

For CMBS, it’s 2007 Right now is the bargaining stage for CRE—assets quietly being liquidated to meet redemptions, balance sheets tidying up, the industry stoically battening the hatches All trying not to panic Dry powder? Yes But there’s a storm …

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