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CoinGape 2022-11-09 15:47:45

Breaking: Binance Might Scrap FTX Takeover Over Poor Internal Review

After less than a day of assessing the company, cryptocurrency exchange giant Binance is very unlikely to proceed with its proposed acquisition of struggling rival FTX, according to a person with knowledge of the situation. Due diligence was a condition of Binance’s non-binding letter of intent for the acquisition, which was made public on Tuesday The post Breaking: Binance Might Scrap FTX Takeover Over Poor Internal Review appeared first on CoinGape .
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