Binance walks away from its offer to acquire FTX after reviewing FTX’s structure and books, saying “the issues are beyond our control or ability to help” (Wall Street Journal)

Wall Street Journal:
Binance walks away from its offer to acquire FTX after reviewing FTX’s structure and books, saying “the issues are beyond our control or ability to help”  —  Crypto exchange’s decision comes as it conducts due diligence on FTX  —  Sam Bankman-Fried in Talks to Raise More Funding