Changpeng Zhao, founder and chief executive officer of cryptocurrency exchange Binance, tweeted on Saturday that the company’s proof of reserves (PoR) have “absolutely no negative balances involved” after the exchange released its PoR on Friday. In response, Zhao said that Binance’s PoR did not count in accounts with negative balances and “it will be verified in the audit for the above PoR.” (forkast)
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Changpeng Zhao Says Binance has ‘no Negative Balances Involved’ in Proof of Reserves
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