Crypto Recovery Fund: These Investors Sought Assistance
Despite the liquidity crunch following the FTX collapse, efforts are still being made to create a crypto recovery fund. CZ, a Binance executive, sought funds from prominent Abu Dhabi investors to fund the recovery fund for the crypto industry. According to reports, there is still much work to be done before any clarity can be given about the fund’s magnitude. CZ stated earlier that there was a’significant investor interest in the recovery fund.
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