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Meta cuts 11K employees, Binance/FTX fallout + Homeward CEO Dr. Jenny Schneider | E1608
This Week in Startups
Binance to Buy FTX?
Binance signed a non-binding letter of intent to purchase FTX or as Jason calls them, letters of nothing. It has been whispered that Binance is quote, strongly leaning towards scrapping FTX rescue takeover after first glance at books. A lack of financial discipline was a major story in the operations of these exchanges and crypto projects. The people's eyebrow is out there called the people's eyebrow.
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