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Last updated: June 15, 2025, 21:58  |  Written by: Brian Armstrong

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The Letter Of Acquisition Intent

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

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

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

Acquiring Ftx

Sam Bankman-Fried Bows to Rescue From Binance’s CZ as 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

BNB Soars as Binance’s CZ Confirms Acquisition of FTX

Binance Is Buying FTX: A Timeline of Events - Blockworks

What to Know About Binance Buying FTX

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

According To The Filing

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)

Coinbase Responds To CZ’s Request - Binance

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

Changpeng Zhao

CZ's Mysterious Pull-Out Game: What's Behind Binance's

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

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

Crypto Exchange Binance

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

Brian Armstrong can be reached at [email protected].

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