Updated - November 10, 2022 02:57 am IST
Published - November 10, 2022 02:56 am IST
An advertisement for Bitcoin cryptocurrency is displayed on a street in Hong Kong, on Feb. 17, 2022. | Photo Credit: AP
Binance has decided not to acquire smaller rival FTX, a spokesperson for the cryptocurrency exchange said on Wednesday, raising questions about the future of the Sam Bankman-Fried-led company that until recently played the "white knight" to embattled crypto firms.
FTX did not immediately respond to a Reuters request for comment.
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