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Binance To Buy Rival FTX Amid Sudden Liquidity Issues

By Tom Zanki (November 8, 2022, 1:36 PM EST) -- Binance intends to buy competitor FTX to help the latter cover a liquidity crunch, the companies said Tuesday, a surprising announcement that has major implications for the crypto industry and raises questions about whether FTX customers can be confident that their funds are protected....

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