Binance Multi-Chain Capital

<ul><li>hangpeng Zhao announced that the transfer of BTC worth $2 billion was a part of the Proof-of-Reserve Audit.</li><li>The fund was apparently transferred under an auditor’s request to show that the wallet is under the company’s hold.</li><li>Zhao added that the fund is safe and is transferred to another account under the control of the company.</li></ul>After the significant flow of more than 127,000 BTC in a single transaction, <a href="https://coinedition.com/tag/Changpeng-Zhao/" rel="noopener noreferrer nofollow">Binance CEO Changpeng Zhao</a> clarified that the company transferred the fund under the requirement of an individual auditor to prove the company has control over the wallet.Zhao tweeted that the transaction was just a part of the Proof-of-Reserve Audit:<a href="https://coinedition.com/huge-btc-transaction-part-of-por-audit-claims-binance-ceo/" rel="noopener noreferrer nofollow">See original on CoinEdition</a>

‘Huge BTC Transaction Part of POR Audit,’ Claims Binance CEO

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