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Binance CEO Zhao Says Planned FTX Acquisition Is Not a 'Win for Us'

Zhao also noted in a Wednesday memo to staff that Binance had stopped selling its holdings of FTX's tokens given the ongoing due diligence for the deal.

Updated May 9, 2023, 4:01 a.m. Published Nov 9, 2022, 2:59 p.m.
Binance CEO and founder Changpeng Zhao (Antonio Masiello/Getty Images)
Binance CEO and founder Changpeng Zhao (Antonio Masiello/Getty Images)