EN: Binance.US keeps records of all user funds, which have never left the platform unless withdrawn by the user.

Binance.US stores user funds and only releases them when the user withdraws them.

On June 9th, Binance CEO CZ responded to CoinDesk’s report that “the US SEC says Binance transferred $1.2 billion to an account controlled by the CEO” on his Twitter, stating “this is completely wrong. To my knowledge, the total amount of Binance.US user funds is about $2 billion, which is subject to slight fluctuations in the equivalent dollar amount with changes in cryptocurrency prices and withdrawals due to recent rumors. All user funds are recorded and have never left the Binance.US platform (unless withdrawn by the user themselves).”

Reference: https://twitter.com/cz_binance/status/1666848861497831449?s=20

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