Binance Submits Documents to UK Parliament’s Treasury Committee, Denies Allegations of Deliberately Trying to Bankrupt FTX

Binance submitted a document to the Treasury Committee of the U.K. Parliament denying allegations that it deliberately tried to bring FTX out of business, while also outlining the chain of events that led to FTX’s collapse. The filing states that “it can be clearly seen that the FTX crash was the result of financial irregularities and possible fraud initially reported in the Nov. 2 CoinDesk article.”