Zhao, Changpeng – Page 5

Regulators Begin Cracking Down on FTX

Authorities worldwide are intensifying their scrutiny of the embattled cryptocurrency exchange, amid concern about improper use of customer money.

Binance, the world’s largest cryptocurrency exchange, was set to bail out FTX. Then it pulled out of the deal.

Sam Bankman-Fried told employees that he was trying to reinforce his company’s finances days after it collapsed from a bank run.

Sam Bankman-Fried told employees that he was trying to reinforce his company’s finances days after it collapsed from a bank run.

Here’s how to make sense of the industry-shaking Binance-FTX deal.