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FTX's Financial Black Hole Leaves Binance Balking at Rescue Plan (Bloomberg)

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Bloomberg:

FTX’s Financial Black Hole Leaves Binance Balking at Rescue Plan  —  Changpeng Zhao moved fast when Sam Bankman-Fried’s FTX.com was on the brink, offering to take it over and stem any further crypto contagion.  —  Just hours into their due diligence, Binance executives found themselves staring …



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