Binance Announces BOGO Sale for its BUSD Stablecoin
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NEW YORK - Binance is hoping to make it easier to join in on your favorite altcoin pump & dumps with a piping hot new BOGO offer. According to one anonymous BUSD enthusiast, this deal is so hot it "burnt SEC Chairman Gary Genslers’ eyebrows off".
After months of negative headlines surrounding its stablecoin & platform’s solvency, Binance is looking to fight the “FUD” with positivity. This has led Binance to opt for an unusual strategy, announcing a Buy One Get One (BOGO) sale on its flagship stablecoin, BUSD.
Binance has faced recent criticism when it came to light that the Binance-Peg BUSD dollar reserves were at three separate times missing collateral of as much as $1 billion.
Crypto experts have warned that this sale is further evidence that the BUSD is not backed one-to-one with actual dollars.
To take advantage of the BOGO deal, all degens have to do is convert $1 USD to 1 BUSD on the Binance Smart Chain in their Transnistria based entity ‘Binance Transnistria.’ Binance Transnistria is fully regulated by the esteemed Transnistrian SEC.
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When asked for comment by The Daily Sybil, a Binance spokesman wearing a T-Shirt that read ‘SAFU CEX’ said “This deal is so hot the United States District Court for the Southern District of New York (SDNY) called it down right ‘criminal’ ; so get after it apes”
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