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B Da Viking of Floki Gives Crypto Twitter Facts About Binance FUD

The core contributor to the Floki Inu project reminds everyone on Crypto Twitter how important it is to do your own research.
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December 18, 2022
B Shuts the Door on Binance FUD
In an over 20-part thread, user B Da Viking gave a levelheaded review of the recent Binance FUD.
B Da Viking, a core contributor to Floki, took to Twitter on December 17 to tackle the growing misinformation surrounding Binance. Using simple facts and observation, B hit the nail on the head and wiped away the FUD with ease.
“As you can see from the facts in this thread, attempts to FUD Binance are misinformed, show a clear lack of understanding, or are intentionally aimed at stirring panic and hate of Binance based on unfounded claims,” the conclusion writes. “They are attacks against crypto, plain and simple!”
B’s thread tackles the multitude of dynamics at play amongst the FUD. The answers are not always simple, but simply connecting certain dots can help shine a light on different motivating factors on both sides of the argument.s
B’s thread delved into four topics:
- The FUD surrounding Mazar’s audit of Binance and other centralized exchanges
- Claims of a Binance bank run and potential insolvency
- Binance CEO Changpeng Zhao’s (CZ) recent statement about 2.1 billion FTT tokens on CNBC
- Recent withdrawals and uncertainty around the BUSD stablecoin
B’s thread caught so much attention it was liked nearly 4,000 times and was retweeted by both the accounts of CZ and Binance.
Read the full thread here:
Is Binance insolvent? Four critical facts about the current #Binance FUD
— B (Da Viking) (@100bviking) December 17, 2022
This 🧵looks at:
1. The Mazars FUD.
2. Claims of a Binance bank run/insolvency.
3. @CZ_Binance’s $2.1 billion FTT statement on CNBC.
4. BUSD.
These seem to be the major FUD angles. So what are the facts?
What is Floki:
Floki began with a tweet from Elon Musk. When the billionaire announced he would name his Shiba Inu puppy Floki, it created a deluge of ‘Floki’ dogcoins. The most successful of these is Floki. Floki is currently the third most popular meme token on the market, behind Dogecoin and Shiba Inu. It is backed by a community of committed enthusiasts and a strong marketing campaign.
Where to find Floki:
Website | Twitter | Telegram | Discord
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