How Binance's plan to buy FTX unfolded in a matter of days

Binance and FTX logos are seen in this illustration taken, November 8, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters) - Crypto exchange Binance signed a nonbinding agreement on Tuesday to acquire rival crypto exchange FTX, in a dramatic move that capped off a series of back-and-forth salvos between the CEOs of both companies.

Here are the key developments in the longstanding relationship between Binance and FTX: