@cz_binance:
Binance CEO Changpeng Zhao says that the company signed a non-binding LOI to fully acquire FTX and help cover the liquidity crunch, pending due diligence  —  This afternoon, FTX asked for our help. There is a significant liquidity crunch. To protect users, we signed a non-binding LOI, intending to fully acquire https://ftx.com/ and help cover the liquidity crunch. We will be conducting a full DD in the coming days.