Wintermute founder: Binance is well-positioned to withstand 3 to 4 times the current losses.

BlockBeats news, October 30: Evgeny Gaevoy, founder of Wintermute, posted that Binance's financial strength is sufficient to withstand 3 to 4 times the current impact and remain intact, and it is very likely to pull through; user funds are most likely safe, but it is not recommended to continue depositing until the issue is identified. Evgeny Gaevoy also stated that Wintermute does have exposure to Binance, but it is less than 20% of net assets, and under no scenario does he believe it will disrupt its operations on any timescale.