15/11/2022
One day after crypto exchange Binance announced its intent to acquire competitor FTX for an undisclosed amount, the company pulled out of the deal.
On Friday, FTX announced that it was filing for bankruptcy, capping an extraordinary week of corporate drama that has upended crypto markets, sent shock waves through an industry struggling to gain mainstream credibility and sparked government investigations that could lead to more damaging revelations or even criminal charges.
Cryptocurrency exchange Coinbase has been granted permission to submit its amicus brief to join the support for Ripple Labs in its ongoing lawsuit with the United States Securities and Exchange Commission (SEC).
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