In the wake of a rare blood moon lunar eclipse, FTX CEO Sam Bankman-Fried shocked the crypto universe on Tuesday with an announcement that the exchange he founded had agreed on a “strategic transaction,” which effectively would see his non-U.S. business sold to his global rival Binance. The post FTX’s Bankman-Fried gets Binance bailout in stunning reversal of fortune appeared first on The Block.
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