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Binance Chairman `CZ’ Zhao on FTX Downfall: No One Can Safeguard a Dishonest Participant

Binance Holdings Ltd. CEO Changpeng “CZ” Zhao delves into strategies for restoring faith in the digital currency sphere post the breakdown of Sam Bankman-Fried’s FTX.com. There was a tentative agreement for Binance to acquire FTX.com amidst the financial strain faced by the platform. However, Binance retracted from the transaction last week after a brief period of detailed examination.

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