How Binance Turned Its Failed Token ICO Into A Billion Dollar Windfall

How Binance Turned Its Failed Token ICO Into A Billion Dollar Windfall

The mythology surrounding the rise of the world’s largest crypto exchange is impressive. However, a Forbes investigation reveals that Binance’s 2017 initial coin offering was a flop, that it quietly took advantage of to amass a lucrative crypto warchest. By Javier Paz, Forbes Staff PART I As Sam Bankman-Fried, the disgraced founder of its former … Read more