What was the main reason Binance decided not to acquire FTX?
Binance Backs Out of FTX Acquisition

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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
FTX was not interested in selling.
Binance lacked the funds.
The regulatory scrutiny was too intense.
FTX had too many assets.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What historical event is compared to the FTX situation?
The Mt. Gox incident
The dot-com bubble burst
The fall of Lehman Brothers
The Enron scandal
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why might Kraken be interested in acquiring some of FTX's assets?
To expand their user base
To gain control over FTX's headquarters
To acquire specific licenses or subsidiaries
To eliminate competition
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Kraken's approach to handling client funds?
They invest them in hedge funds.
They lend them to other exchanges.
They use them for trading.
They keep them secure and separate.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should investors look for when choosing a crypto exchange?
The exchange's office location
The exchange's marketing strategies
The exchange's history and proof of reserves
The exchange's social media presence
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential risk of highly centralized crypto assets?
They are easily accessible.
They are more secure.
They are prone to liquidity crises.
They have stable value.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a significant factor in the decline of FTX's asset value?
A competitor's large ownership of FTX tokens
A new regulatory policy
A sudden increase in FTX's user base
A technological failure
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