Binance Has Spent Half Its SAFU Bitcoin Worth About $580 Million, Data Shows
Key Highlights: Binance has withdrawn half of the bitcoin held in its Secure Asset Fund for Users (SAFU), reducing the balance from 15,000 BTC to just over 7,500 BTC. The capital deployment was part of a $6.34 billion recovery allocation drawn from SAFU, corporate treasury reserves, and the futures insurance fund following a major security ...