CZ: Binance Has Never Used $BNB for Collateral

Binance CEO CZ tweeted that there are two lessons to be learned from this FTX incident.

1. Never use a token you created as collateral.
2. Don't borrow if you run a crypto business. Don't use capital "efficiently". Have a large reserve.

Binance has never used $BNB for collateral and has never taken on debt.