Binance backs out of buying FTX - So When Will the Bleeding Stop?

Popular exchange FTX and their collapsing token FTT spreads gloom throughout the crypto market.

It appeared they had a savior, the top exchange globally, Binance and it's CEO CZ, were rumored to be buying all non-US assets of FTX, providing them with the cash flow and liquidity they need to stabilize.

Now that's not happening - so when will the pain end?

Video Courtesy of CBS News
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