Binance Ends FTX Acquisition Deal, Here’s Why

Binance has pulled out of the deal to acquire cryptocurrency exchange, FTX.com. The Zhao Changpeng-led company had indicated interest to buy FTX from its founder, Sam Bankman-Fried at an undisclosed amount. Both Changpeng and Bankman-Fried confirmed the acquisition plan on Twitter, a development many investors hoped would aid FTX financially. In a statement announcing that the … Continue reading Binance Ends FTX Acquisition Deal, Here’s Why