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Has Binance blown its chance to rule the crypto markets?

Montage of Sam Bankman-Fried, Brian Armstrong, Alex Mashinsky and Changpeng Zhao
GRIP Montage: Getty Images/mashinsky.com

The Financial Times

10 min read
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The exchange that looked best placed to benefit from last year’s collapse of FTX has instead found itself beset by regulatory setbacks.

15 August, 2023 by Scott Chipolina in London

As 2022 drew to a close, Binance co-founder and chief executive Changpeng Zhao appeared to have the world at his feet.

Sam Bankman-Fried, co-founder of Binance’s biggest rival FTX, went to Zhao in November last year hoping the Binance chief would bail out his own

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