1BTC Project - Binance on the ropes.

By 2MFTProductions | 1BTC | 21 Nov 2023

More bad news has rolled in for the Binance team and platform. Crypto legend and University of McGill legend Changpeng Zhao (CZ) has stepped down as the CEO of Binance. Obviously Crypto Twitter (CT) is in a absolute mad house with speculation and conjecture. Binance has been investigated by and helped with some investigation of different US government agencies since the FTX melt down. It is not beyond the pale to think that CZ stepping down would be a stipulation of the plea agreement. Especially one that apparently comes with a 4 billion dollar price tag.

Here are some fun tweets from the wacky world of CT.

I don't think Binance will close. I also think the CZ will be involved with the company is some capacity. I am still going to finish my side quest of a whole BNB token. I just think it will be a lot easier to do in the coming days. I think that Binance will weather this storm and come out stronger. I think there will be opportunities to get BNB on sale coming up soon. Don't catch a falling knife, but there will be a sale.

I currently have 81% of a token and with the 5% slide today I may be very close to a full BNB by the end of the month.

I do think there may be a run on Binance, and I am quite fortunate that Binance pulled out of Canada and have been divested completely from the platform for over a month. People will be concerned about getting their money out.

What do you think will happen to Binance?

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