The as soon as multi-billion greenback cryptocurrency enterprise, which was headquartered within the Bahamas, began unraveling after a CoinDesk article questioning the financials of FTX’s sister firm Alameda Analysis led to a liquidity crunch in early November. On Tuesday, rival alternate Binance was seeking to purchase the embattled FTX earlier than the deal was scrapped – the alternate is now looking for safety from chapter within the U.S.
