Binance sold Gopax's Genesis asset claims, causing Gopax to suffer losses

Gopax's largest shareholder Binance sold Gopax's Genesis asset claims at less than half the face value. Initially, Binance promised to compensate investors for 100% of their losses (about 70 billion won at the time) when it closed the cryptocurrency deposit service Gopay last year. However, Binance did not use its own funds to compensate the victims, but instead paid the compensation by selling the victims' asset claims at a discount. Binance sold Gopax's Genesis asset claims at less than half the price, and the claim was worth about 70 billion won based on the market price at the time. Since then, virtual asset prices have soared, and it is estimated that Gopax has suffered at least tens of billions of won in losses as a result. (Golden Finance)

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