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TechFlow News, November 12 — Binance founder CZ took to Twitter stating that aside from FTX, businesses/exchanges/projects to avoid include:
- Not profitable
- Surviving by selling their own tokens
- Offering high incentives for locking your tokens
- Large total supply but low circulating supply
- Involvement in lending
On November 12, Binance founder CZ tweeted that besides FTX, one should avoid the following types of businesses/exchanges/projects: - Not profitable - Surviving by selling their own tokens - Offering high incentives for locking up your tokens - Large total supply but small circulating supply - Involving lending
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