Binance Walks Away From FTX Bailout

Changpeng Zhao moved fast when Sam Bankman-Fried’s FTX.com was on the brink, offering to take it over and stem any further crypto contagion. His Binance just as quickly walked away from the beleaguered exchange, leaving the fate of its onetime chief rival uncertain. Sonali Basak has more on “Bloomberg Markets: The Close.”

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