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Bankman-Fried’s FTX in Talks to Buy South Korea’s Bithumb

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Bankman-Fried Says 'Moderately Bad' Deals Are Acceptable

FTX, the crypto trading platform co-founded by billionaire Sam Bankman-Fried, is in advanced talks to buy South Korea’s Bithumb, a person with knowledge of the matter said. 

The companies have been in discussions for several months, according to the person, who asked not to be named discussing something confidential.