Binance to acquire FTX unit to help with "liquidity crunch" - CEO

Nov 8 (Reuters) - Binance Chief Executive Changpeng Zhao said on Tuesday the company had signed a non-binding agreement to buy rival FTX's unit, FTX.com, to help cover a "liquidity crunch" at the cryptocurrency exchange. (Reporting by Niket Nishant in Bengaluru; Editing by Arun Koyyur)

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