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Opinion: Crypto exchanges keep failing, so why do we still trust Changpeng Zhao?

New data indicates Binance’s stablecoin, BUSD, has been undercollateralized at times by more than $1 billion. Yet, few have questioned CEO Changpeng Zhao.

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Opinion: Crypto exchanges keep failing, so why do we still trust Changpeng Zhao?

New data indicates Binance’s stablecoin, BUSD, has been undercollateralized at times by more than $1 billion. Yet, few have questioned CEO Changpeng Zhao.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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