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Binance Inside Job Theories Explode Ahead of Monday’s Reserve Reports

Bitcoin.com News BTC

Online claims say the $6.3 billion Binance hack was an inside job, and skeptics are questioning the timing of the exchange's proof-of-reserves release set for Monday, Nov. 2. Binance said in an Oct. 30 update that it had covered about 80% of losses. The unverified theories add uncertainty about Binance's solvency and recovery, which traders are watching closely.

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