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A comment on Binance founder Changpeng Zhao agrees to step down, plead guilty. Parent comment

Re:Binance founder Changpeng Zhao agrees to step down, plead... by nl on Tuesday November 21, 2023 @06:44PM (#38372289)
The Anthropic investment is completely illiquid. It was liquidity issues that crashed FTX originally.

TL;DR: they might have assets but they were and are still "awful financially"

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Re:Binance founder Changpeng Zhao agrees to step down, plead... by __loam on Tuesday November 21, 2023 @07:53PM (#38373063)
I think they're also fundamentally insolvent even with the anthropic investment
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