Binance-FTX acquisition ‘could’ fail: Charles Hoskinson

The fall of FTT and the ongoing Binance-FTX episode caught the crypto community by surprise. FTX was one of the most popular exchanges, and many did not expect the firm to have insolvency issues. Binance has made an offer to acquire FTX, and due diligence is awaited. Charles Hoskinson, founder, and chief of Cardano (ADA) went live on his YouTube channel to speak about the situation.
Hoskinson compared the FTX collapse to that of LUNA. He said that FTX, through a series of relationships, was more
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