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Binance boss vows to release audit

ABU DHABI, United Arab Emirates: The head of Binance, the world's top cryptocurrency exchange, pledged Thursday (Friday in Manila) to release an audit into the firm and rejected claims he sparked the recent collapse of rival platform FTX.

Changpeng Zhao said an independent audit into Binance would be released 'in a couple of weeks' and urged a full investigation into FTX's demise before delivering a scathing critique of its founder Sam Bankman-Fried, questioning his mental stability.

TOP DOG In this photo illustration, the Binance website is seen on a computer on Nov. 9, 2022 in Atlanta, Georgia. Binance, the world’s largest cryptocurrency firm, agreed to acquire FTX, another large cryptocurrency exchange, in a rushed sale in order to prevent a liquidity crisis, which is known as the ‘Lehman Moment’ in the crypto industry. AFP Photo
TOP DOG In this photo illustration, the Binance website is seen on a computer on Nov. 9, 2022 in Atlanta, Georgia. Binance, the world’s largest cryptocurrency firm, agreed to acquire FTX, another large cryptocurrency exchange, in a rushed sale in order to prevent a liquidity crisis, which is known as the ‘Lehman Moment’ in the crypto industry. AFP Photo
TOP DOG In this photo illustration, the Binance website is seen on a computer on Nov. 9, 2022 in Atlanta, Georgia. Binance, the world’s largest cryptocurrency firm, agreed to acquire FTX, another large cryptocurrency exchange, in a rushed sale in order to prevent a liquidity crisis, which is known as the ‘Lehman Moment’ in the crypto industry. AFP Photo