CZ of Binance announced on Twitter that Binance would be forming an “industry recovery fund”, which he says is intended for projects that are “otherwise strong, but in a liquidity crisis”.This not entirely unlike someone trying to sell you a house that is “otherwise sturdy, but in an engulfed-in-flames crisis”.He says the project is intended to reduce the “cascading negative effects of FTX”, underscoring how nervous this whole debacle is making other players in the industry.