I agree with this. There are many reasons why Binance would say they'd buy FTX and there are just as many reasons for why they would back out of the deal. Binan

I agree with this. There are many reasons why Binance would say they'd buy FTX and there are just as many reasons for why they would back out of the deal. Binance reneging on the deal doesn't say anything about the state of their finances other than that they might not have been in a position to take on 32B in liabilities.