Binance’s Deal for Rival FTX Marks Power Shift Amid Crypto Turmoil
The agreement between the competitors, who had recently traded barbs in public, comes after cryptocurrency companies and traders pulled money from FTX over concerns about the exchange’s financial stability.
www.wsj.com
It seems that FTX, who has the long term naming rights to CMS, has had to disappear into Binance as its rescuer. Hopefully, Binance takes over FTX's obligations
