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CryptoNewsZ
2022-11-09 13:16:36

Binance to buy non-US operations of FTX

Binance to buy non-US operations of FTX

FTX is facing a liquidity crunch, and there is a dire need to protect customers. The venture has, therefore, sought assistance from Binance by offering it to buy the non-US operations. Reportedly, Binance has agreed to move forward by signing a non-binding letter of intent, or LOI. The acquisition of FTX by Binance will assist …

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