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Binance is walking away from its deal to acquire FTX. It seems like they are not planning to bail them out of their liquidity crisis. Binance cited allegations of the mishandling of consumer funds and an investigation from regulators as reasons for exiting the agreement.
More updates in the NFT and metaverse space this week too.
In today's updates:
➤ Twitter / Instagram @foolsontheblock
Disclaimer: This channel is created solely for educational and entertainment purpose, and do not constitute financial advice.
Binance is walking away from its deal to acquire FTX. It seems like they are not planning to bail them out of their liquidity crisis. Binance cited allegations of the mishandling of consumer funds and an investigation from regulators as reasons for exiting the agreement.
More updates in the NFT and metaverse space this week too.
In today's updates:
➤ Twitter / Instagram @foolsontheblock
Disclaimer: This channel is created solely for educational and entertainment purpose, and do not constitute financial advice.