Binance to Acquire FTX 

Binance CEO Changpeng Zhao (CZ) has hinted at a possible acquisition of a rival exchange, FTX. Announcing the move via Twitter, CZ revealed that Binance had signed a non-binding letter of intent (LOI), ‘’intending to fully acquire FTX and help cover the liquidity crunch.” https://twitter.com/cz_binance/status/1590013613586411520?t=1uvduDTdX_D9aCr4_Za3Vg&s=19 FTX CEO, Sam Bankman-Fried (SBF) reported the acquisition in a … Continue reading Binance to Acquire FTX