Binance ditches deal to rescue rival crypto exchange ftx

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Binance Abandons FTX Rescue Sparking Crypto Turmoil - Digital - CNBC-TV18
Crypto giant Binance signed a nonbinding agreement on Tuesday to buy FTX's non-U.S. unit to help cover a "liquidity crunch" at the rival. Binance stepped away Wednesday from plans to purchase FTX, unable to overcome issues surrounding the rival crypto. Binance acquisition dropped .