Changpeng Zhao Reveals Internal Note to Binance Employees, Says FTX Takeover Agreement Wasn’t Planned

Changpeng Zhao Reveals Internal Note to Binance Employees, Says FTX Takeover Agreement Wasn’t Planned

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November 10, 2022 by keithhill530
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[ad_1] Binance CEO Changpeng Zhao says that its tentative agreement to acquire rival crypto exchange FTX wasn’t a planned event. In a memo sent to Binance employees, Zhao says that there was no “master plan” to acquire FTX and that FTX’s financial issues don’t bode well for the health of the crypto industry. Zhao says