CZ Says Binance Intends to 'Fully Acquire FTX,' Sam Bankman-Fried Confirms Transaction – Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

After all the speculation surrounding FTX, Binance CEO Changpeng Zhao (CZ) revealed that his company is set to acquire FTX.

After all the speculation surrounding the crypto exchanges Binance and FTX, Binance CEO Changpeng Zhao revealed that his company is set to acquire FTX. CZ detailed that FTX asked for help and noted there is a “significant liquidity crunch.” FTX CEO Sam Bankman-Fried has confirmed the acquisition will take place.revealed

that his company would be taking over FTX. “This afternoon, FTX asked for our help,” CZ wrote. “There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire [FTX] and help cover the liquidity crunch. We will be conducting a full DD in the coming days.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

ArtisticCrypto Fuck around, find out.

Why is the mediaa keeping thiss a secret!!

Is there anythinggg likee it

BTC Will Dump Soon.. Don't fall in Traps. This fake Pump..

Cz Inu - BUY THE DIP NOW Cz Inu Is a project launched to capture the massive online presence of CZ (Binance). There's no such thing as bad publicity; tweets, media articles, online feuds with CZ in the middle - good or bad news, CZ Inu will PAMP.

cz_binance binance is basically bailing out SBF_FTX FTX_Official

To the 🌙

Me están jodiendo 😂

😱

We are looking at the what might be the biggest take over in the Industry. 👏🏾👏🏾 cz_binance

Lol, I only listen to ChiefraFba for signals and analysis

Ok cool, I have recently started using ChiefraFba for signals, his accuracy is INSANE!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Breaking: Binance CEO announces intent to acquire FTX to ‘help cover the liquidity crunch’Sam Bankman-Fried said that despite the occasional conflict between the two companies, Binance “has shown time and again that they are committed to a more decentralized global economy.” onceatraveler MarioNawfal ☝️ onceatraveler Great movement🤩🤩 onceatraveler Binance is still not in Texas
Source: Cointelegraph - 🏆 562. / 51 Read more »

FTX CEO Sam Bankman-Fried Denies Insolvency Rumors as Binance Liquidates FTT TokenFTX CEO SBF_FTX has dismissed speculation over whether the company has enough capital to cover its customer deposits. Reporting by oknightcrypto SBF_FTX OKnightCrypto Run for the Door SBF_FTX OKnightCrypto “Deposits” well I would fkn hope …or you meant withdrawals? SBF_FTX OKnightCrypto Do Kwon 2.0
Source: CoinDesk - 🏆 291. / 63 Read more »