INTERVIEW
2022.11.10
Binance To Withdraw From FTX Acquisition…VA Market Startled
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Lawyer
Following the FTX’s 'Bank Run' incident on the virtual currency exchange, Binance decided to withdraw from the acquisition of the exchange, causing prices of cryptocurrencies including Bitcoin to plummet. Partner attorney Ohoon Kwon pointed out, “Although the decrease in the investors’ confidence in the industry may have brought the market to the current state, the case in Korea is different from the cases of Binance or FTX since the regulations have already been enforced.” [JoseIlbo 11.10.22]
URL: Binance To Withdraw From FTX Acquisition…VA Market Startled
