Binance to Commit $1B for Crypto Recovery Initiative

Seeking Alpha2022-11-25

Binance Holdings is aiming for a roughly$1B fund for the potential purchase of distressed assets in the digital-asset sector and will make another bid for bankrupt lender Voyager Digital, its CEO ...

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Comments

  • SPOT_ON
    2022-11-25
    SPOT_ON
    [Surprised] [Surprised] [Surprised] 
  • seetees
    2022-11-25
    seetees
    Ok
  • KW1
    2022-11-25
    KW1
    Ok like
  • JC888
    2022-11-25
    JC888
    If Binance owner CZ fulfills this promise, it will only serve to further solidify his pole position as the #1 crypto exchange for perhaps All crypto currencies. Smart man with a dangerous ambition that is "given" free rein by investors "conferred" choice, not by govt regulation. Is Binance compliant just like a stock exchange is? Nobody knows becos it doesn't fall under any central bank's jurisdiction no?  Can u make a quick buck in crypto investment? Yes if yr risk appetite permits. Is it a sure win? As we observe all the fallout from the time Terra/Luna incident happened its confirmed its not. And the pace of failure has gathered pace.. 3AC saga then now FTX n more..  So why? Its man's nature to wanna risk for sheer pleasure or dare me adventure? A bungee ju
    • WebbBart
      Will Binance collapse one day in the future?
    • AlpineSnow
      To me, crypto has no intrinsic value
    • JC888
      Hi hi pls remember to give a Like ok. The rating is important to me. Tks tks...
    • Ronmac
      Better
    • Ah_Meng
      we will have to wait and see... his promise is only back by his words... no billionaire or banks behind him... he just wants more money... then why cryptocurrencies when he really wants fiat dollars... sigh... irony of life... the biggest lie is to someone you will back them with things that you want to do away...
  • bostonxsgp
    2022-11-25
    bostonxsgp
    ok
  • 小辉goPro
    2022-11-25
    小辉goPro
    Seriously [NosePick] 
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