CZ: Binance has invested 3 million US dollars to Terra, with a value of $ 1.6 billion in its peak but never transferred or sold
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News on July 15th, Binance founder CZ released the sixth anniversary of the publication today. He said in the letter that Binance invested in Terra in 2018, but never actively managed the investment.When the problem began to occur in 2022, the team asked CZ whether to sell tokens, but CZ believed that it should not be sold.Therefore, although the first $ 3 million investment in 2018 became $ 1.6 billion when Terra rose to its peak in 2021, it also fell to nearly $ 0 in the collapse of 2022.To this day, the Luna (current LUNC) tokens received by Binance still located on the address it had received at the beginning and had never been moved or sold.
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