Zhao Changpeng: Binance has never used BNB as collateral and has never incurred debt
ChainCatcher message, Zhao Changpeng commented on the FTX "collapse" event on social media, stating that there are two major lessons from this incident: 1: Never use platform tokens as collateral; 2: If you run a crypto business, do not borrow. Do not "effectively" use capital. Have a large reserve. Binance has never used BNB as collateral, and we have never taken on debt. (source link)
Risk warning Risk warning
Related tags
