 | November 9th, 2022 — After evaluating FTX's balance sheets, Binance backed out of the deal citing the mishandling of funds of FTX and Almeda with a glaring $8B-$10B hole in the balance sheet! November 10th, 2022 — FTX officially announced that they are shutting down operations and filing for bankruptcy. sourse: [link] [comments] |
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