Binance Backs Out of Buying FTX Crypto Exchange, Cites Mishandled Customer Funds and Regulator Investigations

Publikováno: 9.11.2022

Binance is pulling out of the deal to buy FTX. On Tuesday 8 November, Binance signed a letter of intention to acquire the failing crypto exchange, although at the time it said the agreement was subject to a due diligence process.
But as the contagion from the collapse of the FTX leads to a bloodbath in crypto asset prices, the quality of the FTX balance sheet and that of its sister company Alameda is likely to have deteriorated sharply....
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