What could happen to Binance?
What happens if the world’s largest cryptocurrency exchange with around 75% of global market volume goes under?
Published in
9 min readJan 27, 2023
To be perfectly clear, while there are plenty of issues at Binance, from its regularly undercollateralized stablecoins and mixing of user funds with its pegged wallets, to alleged money laundering, it’s not at all clear that the…