Binance CEO Defends Exchange's Reserves Amid Scrutiny
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币界网报道：Binance CEO Richard Teng defended the exchange's reserve management amid ongoing scrutiny, asserting that user funds remain secure and fully backed. He emphasized Binance's commitment to transparency, citing regular audits and proof-of-reserves reports. Teng acknowledged past regulatory challenges but highlighted improvements in compliance frameworks. The CEO also addressed concerns over market volatility, stating Binance maintains robust risk controls to protect users. He reiterated the exchange's focus on rebuilding trust through operational integrity and cooperation with global regulators.
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