FTX’s Bankman-Fried accepts Binance’s acquisition deal after Elon Musk’s rejection

Zhao Changpeng, the founder of the world’s largest cryptocurrency company, Binance, has agreed to acquire another cryptoexchange, FTX.

The deal between Binance and FTX was disclosed by the latter’s founder and Chief Executive Officer, Sam Bankman-Fried, on Tuesday via Twitter.

“Things have come full circle, and FTX.com’s first, and last, investors are the same: we have come to an agreement on a strategic transaction with Binance for FTX.com (pending DD etc.).”

RipplesNigeria : Read More