O CEO da Binance, Richard Teng, destaca a força dos negócios em meio ao acordo de US$ 4 bilhões
Richard Teng, Binance‘s new CEO, asserted Binance’s financial standing on Twitter. Coinbase Director Conor Grogan provided a breakdown of Binances financials. Binance recently finalized a $4.3 billion settlement with U.S. authorities. In the wake of the recently unveiled $4.3 billion settlement between Binance and U.S. authorities, the newly appointed CEO, Richard Teng, took to Twitter to assert the cryptocurrency exchanges financial standing. The fundamentals of our business are VERY strong. Binance continues to operate the worlds largest crypto exchange by volume, our capital structure is debt-free, expenses are modest, and, despite the low fees we charge our users, we have robust revenues and profits. Teng‘s comments were in response to a statement by Coinbase Director Conor Grogan, who had dissected Binance Corporate’s crypto holdings and suggested the company could cover the substantial fine without resorting to crypto asset sales. Teng highlighted the core strengths of Binance‘s business model, stating, “The fundamentals of our business are very strong.” He pointed out that Binance continues to operate as the world’s largest crypto exchange by volume. Moreover, Teng emphasized that Binance has a debt-free capital structure, modest expenses, and the ability to generate robust revenues and profits despite the relatively low fees charged to users. Grogan‘s post, which triggered Teng’s response, provided