The Breakdown cover image

Binance Execs Race for the Exits

The Breakdown

00:00

Binance's Senior Staff Leave

A lot of people in the crypto industry referenced other recent I'm Out posts. The most likely outcome is a windup where everyone is paid in full, but that's not certain. Crypto market-wide pricing is likely to get extremely unstable on Binance. In my opinion, the risk return for having a large amount of ones net worth in crypto has long since turned negative.

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