If BUSD is not fully capitalized, they may be near a point that this may fail. The market cap was at an ATH of nearly $23 billion in November 2022 and it currently stands at $4.8 billion. This is a MASSIVE drop.

https://void.cat/d/8Y7hFCUX96uXApKqosXFS1.webp

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I've been talking for 6+ months about how Binance is a house of cards ready to come down. There are too many red flags and tons of comparables to other failed exchanges.

Learn how to self custody your bitcoin.

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