Binance pulls out - Steemit

Binance CZ pulls out on the deal, claming FTX mishandled customers funds.

Crazy news, this casts a bigger cloud over the cryptocurrency market as a whole.. Luna crash wallstreet crash now FTX crash..

BTC down to just a bit over $15,500

Will BNB rule?

To adjust to recent price fluctuations, #Binance has topped up the #SAFU insurance fund to $1 billion USD equivalent again.

BUSD AND BNB address about 700m: https://t.co/OMoB6HeR6r

BTC address 300m: https://t.co/6kOJ1MZhMM

Transparency. 1/2

— CZ 🔶 Binance (@cz_binance) November 9, 2022

Binance has 1 billion in the SAFU fund.. but can we trust him?