It gets worse with each passing hour for Sam’s exchange, FTX. As the would-be savior, Binance walks away, despite their albeit non-binding Letter of Intent, citing via their Twitter handle “mishandled customer funds and alleged US agency investigations” as reasons for calling off the acquisition post-due diligence. “As a result of corporate due diligence, The post List of Issues FTX And Its CEO Facing Right Now first appeared on The Crypto Basic .