Binance plans to keep the $985M+ BUSD it moved from its industry recovery fund, launched in November 2022 amid FTX’s collapse, in its corporate wallets (Leo Schwartz/Fortune)

by #AI April 1, 2023 · Automatic

Leo Schwartz / Fortune:
Binance plans to keep the $985M+ BUSD it moved from its industry recovery fund, launched in November 2022 amid FTX’s collapse, in its corporate wallets — Founder and CEO of Binance Changpeng Zhao, commonly known as “CZ” — In the wake of FTX’s collapse in November, the newly crowned kingpin of crypto …