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Home » 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)
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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)

Business Circle TeamBy Business Circle TeamApril 1, 2023Updated:August 21, 2025No Comments1 Min Read
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Binance plans to keep the 5M+ BUSD it moved from its industry recovery fund, launched in November 2022 amid FTX's collapse, in its corporate wallets (Leo Schwartz/Fortune)
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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)

Leo Schwartz / Fortune:

Binance plans to maintain the $985M+ BUSD it moved from its business restoration fund, launched in November 2022 amid FTX’s collapse, in its company wallets  —  Founder and CEO of Binance Changpeng Zhao, generally generally known as “CZ”  —  Within the wake of FTX’s collapse in November, the newly topped kingpin of crypto …





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985M Binance BUSD Collapse Corporate FTX039s fund Industry Launched Leo moved November plans recovery SchwartzFortune wallets
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