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Dem megadonor's crypto exchange forced to sell as liquidity concerns grow

Por: Politico Business November 08, 2022

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The global crypto exchange Binance has agreed to acquire Democratic Party megadonor Sam Bankman-Fried’s crypto exchange FTX after the company was bludgeoned by a severe liquidity crunch over the past week. “We have come to an agreement on a strategic transaction with Binance for,” Bankman-Fried said in a series of tweets on Tuesday morning. FTX’s sudden downfall — which Bankman-Fried said won’t affect its U.S. subsidiary FTX US —... + full article



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