Binance CEO CZ said, "This afternoon, FTX asked for our help. 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."
Binance
FTX
CZ
Event
Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions Binance South Africa to require information on senders and recipients for local compliance Binance tax evasion trial in Nigeria adjourned until April 30 on 'substituted service' argument Binance suspends employee for allegedly profiting off of insider information Binance Records $3.97B Weekly Inflows
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