Richard: US regulatory authorities have not found any abnormalities in Binance user funds

Odaily News Today, Binance CEO Richard Teng and co-founder He Yi held the first joint Chinese AMA. In an AMA, Richard said that U.S. regulators did not find any abnormalities in Binance user funds. He said that Binance has reached a settlement with US regulators after a detailed investigation. The regulatory authorities did not make any accusations or find any abnormalities in user funds. Richard pointed out that Binance’s user assets are always protected at a 1:1 ratio. In recent days, there has been a trend of funds flowing back to Binance.