Zhao Changpeng: Collaborating with Genesis and will bid again to purchase Voyager's assets

ChainCatcher news, according to Jin10, Binance CEO Zhao Changpeng stated: Overall, the cryptocurrency industry is doing well. We will see more crypto (risk) spillover, and the industry made FTX too big. I have spoken with participants from some cryptocurrency recovery funds, and we will allocate $1 billion to purchase distressed assets. We have collaborated with the cryptocurrency company Genesis and will bid again to acquire Voyager's assets.

It is reported that in the auction earlier in September, Binance's bid for American Voyager was rejected due to national security concerns, and FTX defeated competitors Wave Financial and Binance to win the Voyager auction. (source link)