Both Binance and Crypto.com hosted live question-and-answer sessions on Monday morning in an attempt to reassure investors that the cryptocurrency exchanges won’t meet the same fate as FTX, which suffered a sudden and catastrophic collapse last week.
Binance CEO Changpeng “CZ” Zhao told listeners during a Twitter Space that the company currently doesn’t have any liabilities. “We run a very simple business,” CZ explains. “We don’t have loans, we don’t have debt, we don’t…