Also see another post, found here on SN, where shared is a WSJ article on this:

And the following post is possibly related as well:
Traders Facts about Binance Insolvency - Crypto Crash Incoming? πŸ”»πŸ”»πŸ”» #105692 https://cryptonews.com/news/traders-predict-binance-insolvent-after-no-3commas-refund-crypto-crash-incoming.htm