⚡ Hidden Truth Behind Binance's Billion-Dollar ICO
posted 6 Oct 2023
Forbes, in a recent investigative report, has shed light on the 2017 ICO (Initial Coin Offering) conducted by Binance, and it paints a different picture of its success than previously believed.
Contrary to claims of raising $15 million, an examination indicates that Binance likely raised less than $5 million.
According to the article, during the ICO, which aimed to sell 100 million BNB tokens, investors were provided with no more than 10.78 million tokens.
In the midst of heightened scrutiny from regulatory authorities, this revelation adds another layer of complexity to Binance's operations.
According to the article, during the ICO, which aimed to sell 100 million BNB tokens, investors were provided with no more than 10.78 million tokens.
In the midst of heightened scrutiny from regulatory authorities, this revelation adds another layer of complexity to Binance's operations.
