Binance chief says FTX acquisition is ‘not a win’ as source says deal may not go through

The world’s largest crypto exchange yesterday agreed to buy out one of its most formidable competitors. Now, however, amid threat of regulatory crackdown, it's less clear whether the deal will be finalized.
Binance, the world’s largest crypto exchange by trading volume, yesterday signed a letter of intent to acquire one of its biggest rivals, FTX. However, doubts that the deal will go through are surfacing. 
The news that Binance would acquire its competitor punctuated a days-lo