Crypto giant Binance drops bid to save rival, stoking chaos in digital assets

New York CNN Business — In a sharp reversal, cryptocurrency exchange Binance pulled out of a deal to acquire embattled rival FTX, saying the company’s issues were “outside our control or our ability to help”. Binance, the world’s largest crypto exchange, said it reviewed FTX’s finances as part of the due diligence process, and it …

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