How can they? SVB has made it clear that it is very difficult to maintain value. If Binance has invested all their money in securities, it's not unlikely that their investments have gone done down with the rising of the interest rates.
If they keep all money in regular banking accounts, they may still have it. But they are exposed to the risk that their bank or their banks become insolvent.
How can they? SVB has made it clear that it is very difficult to maintain value. If Binance has invested all their money in securities, it's not unlikely that their investments have gone done down with the rising of the interest rates.
If they keep all money in regular banking accounts, they may still have it. But they are exposed to the risk that their bank or their banks become insolvent.