Binance founder CZ loses 12 billion on cryptotrading slump

California: Sam Bankman-Fried, on trial for fraud in New York, isn’t the only crypto founder feeling the heat. The Bloomberg Billionaires Index slashed its estimate of revenues at crypto exchange Binance by 38 per cent after data showed volumes at the firm declined this year. That wiped $11.9 billion from…Read More

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