Binance, a cryptocurrency exchange and blockchain ecosystem, failed to acquire FTX Trading, a cryptocurrency derivatives exchange. Financial terms were not disclosed. "As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of FTX.com," Binance. On November 9, 2022, Binance terminate deal with FTX.