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Binance turnaround fund seeks $1 billion or more to buy troubled assets

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After the collapse of crypto-currency exchange FTX earlier this month, Binance chief Changpeng Zhao has proposed creating a $1 billion turnaround fund. Changpeng Zhao said the fund will help with bailouts or potential purchases of struggling crypto companies with strong fundamentals. Binance’s proposed stimulus fund In his recent interview with Bloomberg Television’s Haslinda Amin on […]

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