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Binance and the Two Billion Dollar FTX Fallout - THE iBULLETIN

Summary by The iBulletin
Binance has acknowledged in court papers that its own tweets and a short lived takeover offer inflicted damage on FTX, yet the exchange still says it has no obligation to hand back the two billion dollars that moved into its related company, Digital Anchor. Crypto drama is nothing new, but this tug of war feels different. The stakes include billions of dollars, the credibility of the biggest exchange on the planet, and fresh questions about how …
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The iBulletin broke the news in on Tuesday, May 27, 2025.
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