- In explaining why it decided against buying FTX, Binance cited “business due diligence,” news articles about improper handling of user funds, and purported US agency probes. “
- At first, we hoped to be able to support FTX’s customers by providing liquidity, however the problems are beyond our control or ability to assist,” it continued.
What justifications did Binance give for pulling out of the FTX acquisition deal?
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