According to the filing

Changpeng Zhao ( CZ ), the CEO of Binance, recently confirmed in a tweet that it will fully acquire the FTX exchange. The same was also confirmed by Sam Bankman

According to the filing, Bankman-Fried paid for the stock repurchase using a mix of FTX’s FTX Token (FTT) and Binance-operated BNB (BNB) and Binance USD (BUSD)

FTX bankruptcy estate files $1.8B lawsuit against Binance, CZ

Acquiring FTX

Acquiring FTX, a rapidly growing exchange known for its innovative products and services, could have significantly bolstered Binance's dominance in the market. Similarly

Crypto exchange Binance’s rapid move to acquire rival FTX triggered surging volatility in digital assets markets on Tuesday. The deal, which is pending due diligence and

Binance Is Buying FTX: A Timeline of Events - Blockworks

BNB

B inance, the world’s largest centralized crypto exchange, said on Tuesday that it reached a deal to buy its fastest-rising competitor, FTX. Binance’s co-founder and CEO

BNB, issued by the largest exchange by volume, Binance, surged by more than 20% in two hours after Binance CEO. Changpeng Zhao (CZ) announced plans to acquire

BNB surges 20% in 2 hours after news of Binance’s planned

The letter of acquisition intent

Following Binance’s acquisition of FTX, CEO Changpeng Zhao asked exchanges to make their reserves transparent to avoid a situation like FTX happening again.

The letter of acquisition intent by Zhao’s Binance Holdings came after a bitter feud between the two men spilled into the open, with Zhao actively undermining confidence in

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