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

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

Claims that the $6.3 billion Binance hack was an inside job are spreading on X while the exchange delays its proof-of-reserves results until Monday, Nov. 2. In its Oct. 30 update, Binance said it had covered about 80% of the shortfall, and skeptics are questioning the order of events. Traders are watching the reserve report closely because a weak or delayed audit could deepen doubts about exchange solvency and pressure BNB and broader crypto sentiment.

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