Binance reserve page shows 1.06 billion more USDT than customer balances after hack refill
AI summary
Binance's reserve page shows roughly 1.06 billion more USDT in its onchain wallet balance than the net balances owed to customers, a gap that appeared after a hack refill. The proof that would let users verify their assets are fully backed has not yet been published. Traders should watch for the missing attestation, since an unexplained surplus or delayed proof can revive solvency and transparency concerns around the exchange and its stablecoin holdings.
