Binance’s “cost of doing business,” including fines and hack losses, could equal more than half of the largest crypto exchange’s estimated pre-tax profits from 2021–2025. Following the largest crypto theft in history, Binance’s combined bill for fines and hack-related losses has reached around $10.7 billion. Meanwhile, Vetle Lunde, head of research at K33 Research, the […]
Source: https://news.bitcoin.com/opinion-and-analysis/binance-lost-half-5-year-profits-fines-hacks-analyst/
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