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Wintermute's Evgeny Gaevoy says under 20% of net assets exposed to Binance

NewsFeeds update

Wintermute founder Evgeny Gaevoy said less than 20% of the firm's net assets are exposed to Binance and that its market-making operations will not be disrupted. He said Binance can probably withstand the situation and user funds are likely safe, but advised against depositing until the issue is resolved.

AltcoinsOdailyAINeutral

Read the original on Odaily

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Every Altcoins update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.