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In about-face, Crypto exchange Binance pulls out of FTX acquisition

Por: NBC News Business November 10, 2022

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The crypto exchange Binance has pulled out of a deal to acquire rival digital currency company FTX just 24 hours after it announced the tentative agreement, the company said in a statement Wednesday on Twitter.  The company tweeted that the deal fell through during the corporate due diligence process following a report that federal investigators were looking into FTX.com’s handling of customer funds. The about-face is yet another major market... + full article



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