The post Coinbase CEO Reacts To Binance Acquiring FTX, Calls it Risky Business Practices appeared first on Coinpedia Fintech News
On Tuesday, i.e., 8th November, Binance announced that it has signed a written agreement to acquire its closest rival, FTX. The agreement comes in the wake of a weeks-long social media standoff between Binance CEO Changpeng Zhao and FTX founder Sam Bankman-Fried. It was noted that FTX was involved in “conflicts of interest involving intricately …