Binance: The transfers mentioned by Forbes are all user-initiated behaviors, and assets always maintain a 1:1 reserve

Binance released the "Response to Forbes' "False Allegation" on February 27th", stating that Binance has a large number of encrypted assets recharged into the user's account address every day, and a large number of users withdraw cash to different wallet addresses. Forbes article The transfers to the mentioned addresses of Amber Group, Alameda Research, and Justin Sun are all spontaneous actions of these institutional users or individual users. In response to Binance-Peg BUSD related matters, "Binance will regularly rebalance or update the assets of the anchor address, but before this rebalancing and updating cannot be guaranteed to be completely real-time, so we have previously increased the rebalancing and updating rate. frequency to ensure that the anchoring ratio is 1:1 at any time”; in addition, “Binance has never embezzled user funds, whether it is the assets of the centralized exchange or the collateral of the B-token, it has always maintained a 1:1 ratio.” Fund Reserves".