Is Binance Behind FTX Collapse?

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The collapse of FTX was triggered by Binance, investor Kevin O'Leary claimed at a Dec. 14 United States Senate committee hearing about the crypto exchange's meltdown.

O'Leary reveals details about conversations with Sam Bankman-Fried in the days before FTX filed for bankruptcy.

Kevin O'Leary slammed the Binance crypto exchange for being one of the root causes of FTX's collapse.

According to O'Leary Binance is a massive unregulated monopoly.