The FTX collapse left behind data that can be analyzed to predict future failures. One of those future collapses being tracked and reported on right now is Binance. Binance is now halting customer withdrawals for specific tokens. Three weeks ago, things became obvious when Binance sponsored Ronaldo for an NFT collection. In the commercial, Ronaldo yelled, “to the moon!”. Then Binance did a sponsorship campaign with Messi. Remember Tom Brady and FTX? This is on a larger scale than that, and Binance has spent over 500 million dollars on influencer marketing.
Why Binance is Fucked
Why Binance is Fucked
Why Binance is Fucked
The FTX collapse left behind data that can be analyzed to predict future failures. One of those future collapses being tracked and reported on right now is Binance. Binance is now halting customer withdrawals for specific tokens. Three weeks ago, things became obvious when Binance sponsored Ronaldo for an NFT collection. In the commercial, Ronaldo yelled, “to the moon!”. Then Binance did a sponsorship campaign with Messi. Remember Tom Brady and FTX? This is on a larger scale than that, and Binance has spent over 500 million dollars on influencer marketing.