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Bloomberg

Binance backs out of FTX acquisition

Bloomberg ·
Bloomberg
Bloomberg

Kraken Co-Founder and Outgoing CEO Jesse Powell joins Emily Chang to discuss the repercussions of Binance's FTX deal falling apart on the crypto world, and why he believes investors should ensure any exchange they use operates on a full-reserve basis.

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Crypto Fallout

Leading platform FTX has filed for bankruptcy as crypto prices fall below 2017 prices.