In a recent turn of events, Binance has officially stated that, they would not be pursuing the FTX buyout any further. This comes after, the Binance team’s due diligence on the internal workings of the debt-ridden FTX exchange and news reports of mismanagement of user funds, plus alleged investigations undertaken by the U.S. authorities. In The post Breaking: Binance Backs Out Of FTX Deal appeared first on CoinGape .
