Binance confirms discussions with regulators over its role in the FTX collapse
Regulators in many countries have sent Binance inquiries regarding its {{AOPEN_1}}collapse of FTX{{ACLOSE_1}} involvement. The Block confirmed this, according to a spokesperson for the cryptocurrency exchange. A company employee refused to provide details, citing the confidentiality of talks with regulators. Earlier, the exchange's staff responded to questions from members of the UK House of Commons. Lawmakers expressed disappointment at the lack of specifics in the responses. According to Bloomberg, the Treasury Committee planned to obtain internal Binance records regarding the {{AOPEN_2}}decision to sell on November 6 the FTT{{ACLOSE_2}}, the utility token of the FTX exchange.
