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So much transparency that CZ simply pulls out a casual 1B from one of many "proof of reserves" wallets labelled Binance 14 to be the saviour of the crypto industry. Commingling several types of assets in the same company wallets has been a persistent management issue for Binance, including with the restoration fund. With its current choice to maneuver the recovery initiative fund back to a company wallet, Binance is repeating the same dynamic. With crypto markets rebounding, applications to the...