Binance demands FalconX to return 1.35 million SOL

ChainCatcher news, according to CoinDesk, cryptocurrency brokerage FalconX has held 1.35 million Solana (SOL) since 2021, but it is unclear who these tokens belong to. It is reported that these tokens belong to Binance, and Binance has recently requested FalconX to return them, which are currently valued at approximately $190 million. It remains unclear why FalconX is unable to track the cryptocurrency and why Binance itself seems to have not tracked these funds over the years.

In an interview, FalconX confirmed that there is a "reconciliation anomaly" with its held Solana tokens. A FalconX spokesperson stated that the company has reconciled accounts with exchanges, clients, and partners, but no one shows relevant transaction records. Binance stated that its customers would never face the risk of losing funds due to this situation, and if the 1.35 million tokens are never found, Binance will bear the loss itself.