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Binance Is Strongly Leaning Toward Scrapping FTX Rescue Takeover After First Glance at Books: Source

Backing out would be one more stunning development in the collapse of Sam Bankman-Fried’s crypto empire.

By Ian Allison|Edited by Nick Baker
Updated Aug 16, 2023, 9:57 p.m. Published Nov 9, 2022, 3:32 p.m.
Binance CEO Changpeng Zhao and FTX CEO Sam Bankman-Fried (CoinDesk)
Binance CEO Changpeng Zhao and FTX CEO Sam Bankman-Fried (CoinDesk)