Wintermute Founder Claims Exposure to Binance is Less Than 20%
Wintermute founder Evgeny Gaevoy stated on the X platform that Binance has the capacity to withstand a blow 3 to 4 times more severe than the current situation while still remaining largely intact. He believes that Binance is likely to get through this crisis and that user funds are probably safe, but he advises users not to deposit money until the issues are identified and resolved. Evgeny also pointed out that Wintermute's exposure to Binance is less than 20% of its net assets, and under any circumstances, the company's operations will not be disrupted.
-- Price
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