Breaking: FTX, Genesis Contagion Reaches Binance’s Gopax Acquisition Agreement
Binance, the world’s largest cryptocurrency exchange, is set to acquire Gopax, South Korea’s fifth-largest crypto exchange. Binance will now have the opportunity to re-enter South Korea’s crypto market. The Binance-Gopax deal has been affected by Genesis and FTX contagion. Gopax must repay approximately $47 million to its customers for GoFi, its wealth management product.
The post Breaking News: FTX, Genesis Contagion Reaches Binance’s Gopax Acquisition Deal appeared initially on CoinGape.