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That was quick, Binance pulls out of FTX deal

By Hannah Lang and Angus Berwick

Nov 10 2022 9:28AM

Binance signed a non-binding agreement earlier this week.

That was quick, Binance pulls out of FTX deal

A day after announcing it was acquiring FTX, Binance has pulled the pin on the merger as the crypto exchange cites the need to do due diligence on the proposed acquisition. Binance signed a non-binding agreement on Tuesday to buy FTX's non-U.S. unit to help cover a "liquidity crunch" at the ...

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