10 October 2023

Analysis: Binance founder Changpeng Zhao's Industry Recovery Initiative, aiming to raise $1B after FTX's collapsed, deployed less than $30M since November 2022 (Emily Nicolle/Bloomberg)

Emily Nicolle / Bloomberg:
Analysis: Binance founder Changpeng Zhao's Industry Recovery Initiative, aiming to raise $1B after FTX's collapsed, deployed less than $30M since November 2022  —  - IRI has invested less than $30 million, wallet analysis shows  — Project had big-name backers like Jump Crypto, Animoca

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