This is article says it is only the non-US part of FTX that is in play: https://www.cnbc.com/2022/11/08/binance-offers-to-buy-ftxs-non-us-operations-to-fix-liq

This is article says it is only the non-US part of FTX that is in play: https://www.cnbc.com/2022/11/08/binance-offers-to-buy-ftxs-non-us-operations-to-fix-liquidity-crunch.html https://www.cnbc.com/2022/11/08/binance-offers-to-buy-ftxs-n... Binance offers to buy FTX’s non-U.S. operations to fix ‘liquidity crunch’ The acquisition impacts only the non-US businesses, FTX.com. FTX.us will remain independent of Binance. The deal, according to Tweets from both Zhao and Bankman-Fried, rests on a non-binding letter of intent, pending full due diligence.