SEC vs Binance

[zasad@]

@zasad@. However, it does not prove anything on the argument that CZ stole $4.32 billion from Binance's customers to pay for the fine demanded by the American government. Also, stealing billions in fiat from your customers is not very easy to hide. This would certainly imply that a high percentage if their customers are locked from withdrawals hehehehe.

The problem with our communication is that we have different mentalities and think differently. I'm not saying CZ stole anything.
Each exchange sees the number of longs and shorts and can play against traders. In Russian it's called "hamster haircutting",and the more hamsters there are, the more profit the exchange makes.
Don't ask  me for proof  

[bbc.reporter]

@zasad@. Heehehe this is very much true. It is very difficult to understand the whole argument if this is done on the forum or on social media platforms. There are replies where you think it sarcastic or insulting but the other person was only expressing his thoughts.

In any case, it might be very difficult to tell what is hamster haircutting and what is market making. Market makers are also risking real money very much similar to traders.