Binance targets $1 billion or more for previously announced recovery fund to buy troubled crypto assets, as CEO Changpeng “CZ” Zhao said in an interview with Bloomberg Television on Thursday.
“If this is not enough We can allocate more,” CZ said according toreport the news
Last week, CZ announced that Binance wouldfund launchfor recovery “To support a strong project but in a liquidity crisis.”
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