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Sunday, November 17, 2024

Dem megadonor’s crypto exchange forced to sell as liquidity concerns grow

FTX’s sudden downfall is hitting the crypto ecosystem. The global crypto exchange Binance has agreed to acquire Democratic Party megadonor Sam Bankman-Fried’s crypto exchange FTX after the company was bludgeoned by a severe liquidity crunch over the past week. “We have come to an agreement on a …

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