Canada's Bitvo ends acquisition deal with bankrupt crypto exchange FTX

November 15, 2022 6:30 AM EST

FILE PHOTO: The logo of FTX is seen at the entrance of the FTX Arena in Miami, Florida, U.S., November 12, 2022. REUTERS/Marco Bello/File Photo

(Reuters) - Canadian crypto exchange Bitvo said on Tuesday it had terminated its deal to be bought by FTX, which filed for bankruptcy last week.

Bitvo also said it had no material exposure to FTX or any of its affiliates.

(Reporting by Niket Nishant in Bengaluru; Editing by Vinay Dwivedi)



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