{"id":7853,"date":"2022-11-14T11:37:40","date_gmt":"2022-11-14T10:37:40","guid":{"rendered":"https:\/\/costops.com\/index.php\/2022\/11\/14\/binance-boss-says-no-one-can-be-protected-from-a-bad-player\/"},"modified":"2022-11-14T11:37:40","modified_gmt":"2022-11-14T10:37:40","slug":"binance-boss-says-no-one-can-be-protected-from-a-bad-player","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/11\/14\/binance-boss-says-no-one-can-be-protected-from-a-bad-player\/","title":{"rendered":"Binance boss says no one can be protected from a \u2018bad player\u2019"},"content":{"rendered":"<p>Changpeng Zhao announces plans for an industry \u2018recovery fund\u2019 for struggling crypto firms<\/p>\n<p>The head of the world\u2019s largest cryptocurrency exchange has said after the collapse of rival FTX that no one can be protected from a \u201cbad player\u201d and announced plans for an industry \u2018\u2018recovery fund\u201d for struggling crypto firms.<\/p>\n<p>Changpeng Zhao, the <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/jun\/25\/changpeng-zhao-tech-chief-in-the-eye-of-the-cryptocurrency-storm\">founder and chief executive of Binance<\/a>, said it was not \u201c100%\u201d the responsibility of watchdogs to protect consumers and the crypto sector had to play its own part. However, he said preventing a rogue figure from evading regulators was difficult.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/nov\/14\/binance-changpeng-zhao-crypto-firms\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/511bcf2e6789f84bf635121912a4202796cd5c44\/0_233_3500_2101\/master\/3500.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=b2571c1b9dfd88ee9353e23fdb1aa030\" title=\"Binance boss says no one can be protected from a \u2018bad player\u2019\" \/>Changpeng Zhao announces plans for an industry \u2018recovery fund\u2019 for struggling crypto firms<br \/>\nThe head of the world\u2019s largest cryptocurrency exchange has said after the collapse of rival FTX that no one can be protected from a \u201cbad player\u201d and announced plans for an industry \u2018\u2018recovery fund\u201d for struggling crypto firms.<br \/>\nChangpeng Zhao, the founder and chief executive of Binance, said it was not \u201c100%\u201d the responsibility of watchdogs to protect consumers and the crypto sector had to play its own part. However, he said preventing a rogue figure from evading regulators was difficult. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Changpeng Zhao announces plans for an industry \u2018recovery fund\u2019 for struggling crypto firms The head of the world\u2019s largest cryptocurrency exchange has said after the collapse of rival FTX that no one can be protected from a \u201cbad player\u201d and announced plans for an industry \u2018\u2018recovery fund\u201d for struggling crypto firms. Changpeng Zhao, the founder &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/11\/14\/binance-boss-says-no-one-can-be-protected-from-a-bad-player\/\"> <span class=\"screen-reader-text\">Binance boss says no one can be protected from a \u2018bad player\u2019<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":7854,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/7853"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=7853"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/7853\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/7854"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=7853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=7853"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=7853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}