Resource: Cryptopotato.com
2 years ago
Date: 10 Nov 2022 - 11:47

Troubles for the beleaguered cryptocurrency exchange FTX continue to deepen following reports that a majority of the firms legal and compliance staff have exited the exchange.FTX which is on the brink of collapse recently struck an acquisition deal with Binance but the latter backed out of the rescue deal after seeing the formers balance sheet.According to Semafor on Wednesday November 9 2022 anonymous sources revealed the news of the exit to the publication which reportedly happened on Tuesday evening.While FTX is yet to make an official statement concerning the departure of its legal and compliance staff Semafor mentioned that FTX CEO Sam BankmanFried is an investor in the news outlet.FTX continues to struggle to stay afloat with the exchanges native token FTT plunging to below 3.50 according to Coingecko. While there were previous reports about Binance agreeing to acquire BankmanFrieds FTX things took a Uturn.As reported by CryptoPotato Binance withdrew from the acquisition deal. According to an anonymous source a view of FTXs financials reportedly led Binance to rethink the buyout deal.The post FTXs Legal and Compliance Team Reportedly Resigned appeared first on CryptoPotato.

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USDT Market Price Change (24H) Market Cap Last 7 Days
39997.79 $ 0 % 760.32 Billion $
3001.33 $ 0 % 360.05 Billion $
1.001 $ 0 % 82.65 Billion $
398.86 $ 0 % 59.29 Billion $
1.004 $ 0 % 50.96 Billion $
101.49 $ 0 % 33.28 Billion $
0.122 $ 0 % 31.52 Billion $
0.7024 $ 0 % 30.96 Billion $
82.96 $ 0 % 29.44 Billion $
0.9455 $ 0 % 29.42 Billion $

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