TruthTrencherX

Alright guys. Stop talking shit about the #Binance hack. I’m one of Binance’s harshest critics, and I do not trust this crypto bank. I brought the Trump-Binance deal and plenty of other issues to your attention here. I was reporting on the October crash and Binance from the very first minutes, with concrete numbers and facts. That is precisely why I won’t pretend we have evidence for the inside-job stories and other nonsense circulating now. The reality is already ugly enough without adding accusations we cannot substantiate. Some of the self-proclaimed researchers on here are taking this way too far. I’m watching people make confident claims about things they barely understand, then circulate speculation until repetition starts looking like evidence. If I cannot substantiate something after digging through the available evidence, I seriously doubt most of the accounts shouting about it have done better. Anyone with stronger evidence should publish it. My distrust of Binance does not give me permission to make shit up, and yours does not either. I don’t believe this was an inside job, and I haven’t seen credible evidence that the accounts supposedly predicting it had advance knowledge or were involved. The FBI has attributed the theft to North Korea’s TraderTraitor operation. It’s 2026, crypto hacks are routine, and an exchange holding billions is an obvious target. Binance has serious questions to answer about how its security controls failed this badly, but recognising that risk beforehand does not make someone an insider or a fucking prophet. On the financial side, public estimates suggest Binance generates billions in annual revenue. Binance says it allocated more than $6.34 billion to cover the theft and, as of November 1, has replenished approximately 95% of the affected assets. I think it is plausible they can absorb the loss, but revenue is not profit or available cash. Without a reliable, complete picture of the group’s finances, this remains a black box whose assurances we cannot independently verify in full. That money did not appear out of nowhere. Customers helped build this business and its financial resources through the fees they paid, and they continue funding it every time they trade. An additional customer charge is inevitable. Covering billions in losses consumes real resources, and rebuilding those buffers has a cost. Calling it company money does not erase where much of that money came from. My recommendation remains self-custody, with proper key management. You have just experienced what it means to leave your money somewhere that can suspend your access to it. A balance displayed in an exchange account does not give you control over the keys or the decision to reopen withdrawals. And to everyone confidently declaring Binance insolvent: show the evidence. I don’t believe they are, but years of estimated revenue cannot prove their current solvency. Binance has access to financial information the public does not. Until that information can be independently assessed, certainty in either direction is bullshit. I refuse to trust this bank blindly, and I refuse to invent evidence against it just because I despise how it operates.