Binance Buying FTX Cryptocurrency exchange Binance has signed a non-binding letter of intent (LOI), intending to fully acquire the FTX exchange. This will help to solve FTXs liquidity crunch, according to Binance CEO Changpeng Zhao. FTX boss Sam Bankman-Fried says that things have now come "full circle" given that Binance will be the exchanges first and last investor. The terms of the deal have not been disclosed. Binance can withdraw from the deal "at any time." @DeCenterOrg 263 views16:25
