Binance walks away from deal to rescue FTX
6 min read . Updated: 10 Nov 2022, 05:38 PM IST
PremiumCrypto exchange’s decision leaves FTX with uncertain future as it faces multibillion-dollar shortfall
Crypto exchange Binance reversed course on a rescue offer for FTX Wednesday, leaving the prominent digital firm with an uncertain future as it faces a shortfall of up to $8 billion, according to people familiar with the matter.
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