Binance has just confirmed that it is indeed backing out of its deal to buy FTX's non-U.S. assets, according to a tweet sent from the company's verified...
Binance, the world’s largest crypto exchange, has confirmed that it is indeed backing out of its deal to buy rival FTX’s non-U.S. assets, according to a tweet sent from the company’s verified Twitter Inc. account.
Binance... Binance, the world’s largest crypto exchange, has confirmed that it is indeed backing out of its deal to buy rival FTX’s non-U.S. assets, according to a tweet sent from the company’s verified Twitter Inc. account. Binance said it had hoped to “support FTX’s customers to provide liquidity” but that the issues it discovered were “beyond our control or ability to help.”
They added that every time “A major player in the industry” fails, it’s ultimately users and customers who are negatively impacted.
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