CoinDesk: Binance Inclined to Cancel Acquisition of FTX! FTX Seeking Help from Coinbase and OKX Denied

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CoinDesk: Binance Inclined to Cancel Acquisition of FTX! FTX Seeking Help from Coinbase and OKX Denied

According to a report by CoinDesk, sources familiar with the matter revealed that Binance is leaning towards canceling the planned acquisition of FTX after conducting a review.

Binance: Due Diligence in Progress

According to FoxBusiness reporter Eleanor Terrett, Binance's Chief Strategy Officer Patrick Hillmann stated: "Due diligence has just started 36 hours ago. Once completed, we will make decisions based on what is most beneficial for all global Binance users. More information will be shared when there are substantial updates."