Binance’s plan to acquire FTX is ‘real-life Game of Thrones’ as crypto winter winds blow

Binance’s plan to acquire FTX is ‘real-life Game of Thrones’ as crypto winter winds blow

a year ago
Anonymous $_PGtSJbg8h

https://techcrunch.com/2022/11/08/binances-plan-to-acquire-ftx-is-real-life-game-of-thrones-as-crypto-winter-winds-blow/

Binance, the world’s largest crypto exchange by volume, has signed a letter of intent to buy its closest competitor, FTX, making huge waves in the crypto community after the putative billionaire CEOs of the exchanges engaged in a multiday public dispute on Twitter.

“It’s like real-life ‘Game of Thrones,’” Alex Taub, founder and CEO of DAO-focused platform Upstream, said to TechCrunch in a message. Today’s acquisition news was bigger than the HBO show’s dramatic Red Wedding massacre scene.