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Binance to amass FTX unit to assist with ‘liquidity crunch’ – CEO

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Binance Chief Govt Changpeng Zhao

stated on Tuesday the corporate had signed a non-binding settlement

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to purchase rival FTX’s unit,, to assist cowl a “liquidity

crunch” on the cryptocurrency alternate.

(Reporting by Niket Nishant in Bengaluru; Modifying by Arun


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