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Binance Founder’s $1 Billion Plan to Save Crypto Quietly Fizzled Out

Summary by Bloomberg
In the chaotic aftermath of crypto exchange FTX’s unraveling last November, the industry was in disarray. Prices were tumbling, investors were frantically trying to limit their exposure to the sunken platform, and startup funding was evaporating.

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Binance Founder’s $1 Billion Plan to Save Crypto Quietly Fizzled Out

In the chaotic aftermath of crypto exchange FTX’s unraveling last November, the industry was in disarray. Prices were tumbling, investors were frantically trying to limit their exposure to the sunken platform, and startup funding was evaporating.

·New York, United States
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Bloomberg broke the news in New York, United States on Tuesday, October 10, 2023.
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