Never forget, many exchanges including FTX and Binance are running fractional reserves of Bitcoin Cash. They simply do not have Bitcoin Cash they need to return users and may need to buy them back during a Bitcoin Cash bank run. https://np.reddit.com/r/btc/comments/z1kxmr/in_response_to_criticism_regarding_unbacked_bch/ https://np.reddit.com/r/btc/comments/z3qbqz/chico_crypto_binance_is_running_a_fractional/ Is their insolvency the real reason why they need to raise funds urgently? https://np.reddit.com/r/btc/comments/z21xqm/binance_seeks_billions_in_cash_to_invest_in_a/
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