Binance wired $500M to back Musk’s Twitter takeover — CZ

[Google News Bot]

Binance CEO Changpeng “CZ” Zhao says the company followed through with a $500 million commitment to back Elon Musk’s high-profile Twitter takeover. Musk reportedly sealed the deal on Oct. 27, with a handful of Twitter executives escorted to the door as the new owner of the social media platform cleaned house. Dear Twitter Advertisers pic.twitter.com/GMwHmInPAS — Elon Musk (@elonmusk) October 27, 2022 Binance had indicated that it would co-invest in Twitter in May 2022, alongside 18 other investors that included the likes of cryptocurrency investment firms Sequoia Capital Fund, ...

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