News

Binance Denies Accusation From UK Lawmaker That It Deliberately Sank FTX

2022/11/16 17:46

Binance, which is the world's largest cryptocurrency exchange by volume, denied it planned to deliberately sink rival FTX after being questioned by lawmakers in the U.K.The exchange sent the Parliament's Treasury Committee a five-page document outlining the sequence of events that led to the FTX collapse on Wednesday after promising to do so at a hearing on Monday."It is clear from the above that the causes of the collapse of FTX were the financial irregularities and possible fraud initially reported in the CoinDesk article on 2 November," the document stated.
bullishbullishbullish1bearishbearishbearish11Share
DisclaimerThe content above does not represent HTX's positions.HTX does not provide any trading recommendations.

Related Articles

  • QCP Capital: Bitcoin's Potential for ‘Uptober’ Rally Mirrors Historic Election Trends

  • Image

    Research on the PayFi Sector: Tapping into the New Blue Ocean of Web3 Payments

  • Image

    Decentralized And Delightful: The Appeal Of Cutoshi (CUTO) Has ETH And SOL Investors Increasing Their CUTO Holdings

All Comments0LatestHot

LatestHot
noContent

No records

Related Articles

  • QCP Capital: Bitcoin's Potential for ‘Uptober’ Rally Mirrors Historic Election Trends

  • Image

    Research on the PayFi Sector: Tapping into the New Blue Ocean of Web3 Payments

  • Image

    Decentralized And Delightful: The Appeal Of Cutoshi (CUTO) Has ETH And SOL Investors Increasing Their CUTO Holdings