My Brother is Onchain Analyst in CryptoQuant, he checked it,

Question

My Brother is Onchain Analyst in CryptoQuant, he checked it,

why Team sent XVS tokens worth the Buybacks promise?? Team Sent 307k XVS in Binance, Team will Buy back around 300k. If it is not shady what we call it?

#blockchain #cryptocurrency #english #venus

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02.12.2021

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NoOneVII | Venus · Accepted Answer

The beauty of blockchain is its transparency. You know blockchain ? In other words, many people have been following what you have presented as proof lol today since the first day, it is wrong to act as if you have just found the wallet that is openly announced among VIPs. The 300k XVS was sent to Binance months ago to pay off the bad debt with the VIP38, you can see the same wallet very clearly there too. Binance used this fund value and reduced the debt of the borrower wallet. Due to the limited access to the wallet, debt payments were made with a different system, in return these 300k XVS were theirs anyway. After the buyback last week, we already owe $1.5m to Binance. Therefore, Binance took all the funds to Binance Hot Wallet in order to make all transactions on Binance Trade Desk and then to inform from there. Nothing is hidden in Blockchain, all information is already given openly on VIPs This is my last warning to you, you don't need to speculate as if something is being done secretly, everyone who is not ignorant is following this.

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My Brother is Onchain Analyst in CryptoQuant, he checked it,

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