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by conanbatt 2932 days ago
The writing of that article gave me an mind-sore. Cannot respect that source whatsoever.
1 comments

Especially considering that approx. 90% of the volume of crypto exchanges -with the exception of U.S exchanges- (therefore Binance included) is what's commonly referred to as "wash trading". I'd estimate Binance's 1Y EBTDA to be $100M at best, but I suspect it's way lower.