The link for this post is using an archive for the article on The WSJ's website. An archive has no paywall, no subscription requirement, and can be easier to read. The original article, on The WSJ's website is:

Binance Says It Will Walk Away from Deal to Buy FTX https://www.wsj.com/articles/binance-is-said-to-be-likely-to-walk-away-from-deal-to-buy-ftx-11668020963

See also another post, found here on SN, with the Tweet from Binance that kicked off a Twitter thread where they announced walking away from the deal.

We have decided that we will not pursue the potential acquisition of FTX 🧵 #91765 https://twitter.com/binance/status/1590449161069268992 [Nitter]