🤖AI Summary
Justin Sun claims Poloniex's fee-free trading is funded by his 2012 Bitcoin holdings, but the exchange is reportedly missing $1.3 billion worth of Bitcoin. This raises serious questions about the exchange's financial stability and user fund security.
Key Takeaways
- →Poloniex exchange is allegedly missing $1.3 billion in Bitcoin holdings
- →Justin Sun claims the exchange's fee-free trading model is funded by his personal 2012 Bitcoin stash
- →The significant shortfall raises concerns about exchange solvency and user fund protection
- →This situation highlights ongoing risks with centralized cryptocurrency exchanges
- →The discrepancy between claimed funding sources and actual holdings suggests potential financial irregularities
Read Original →via Protos
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