Kaito allegedly deposited tens of millions of dollars of user funds into Binance's wealth management, officially referred to as "temporary custody."

ChainCatcher message, according to on-chain data shared by @0xleng1, Kaito AI allegedly transferred the funds used by users for the Limitless token sale to Binance Wealth Management. Community user @cryptobraveHQ stated that the current scale of funds for the Limitless token sale exceeds 90 million dollars. A Kaito staff member responded that they are in the process of restoring custodial services with FalconX, and during this period, using Binance for temporary custody is solely for custodial purposes. Once completed, all funds will be migrated back to the process chain and managed by FalconX, which is consistent with the practice since its launch in July.