Binance Signs LOI To Acquire FTX Crypto Exchange
Fears of an outcome similar to Three Arrows Capital crypto fund’s meltdown earlier this year have caused the world’s largest crypto exchange, Binance, to liquidate its entire holdings of FTT in the upcoming months. Despite being an early investor in FTX, Binance CEO Changpeng “CZ” Zhao explained that he is worried about a potential collapse …
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