FTX Exchange’s Token FTT Plummets Below $22 as Binance-Led Selling Continues

https://decrypt.co/113871/bitcoin-ethereum-solana-binance-ftx-acquisition

Binance CEO Changpeng Zhao told his 7.3 million Twitter followers on Monday, “We have decided to liquidate any remaining FTT on our books” due to the “recent revelations that have came to light.” While he didn’t specify which “revelations” he was referencing, a CoinDesk report last week cited a financial document that showed Alameda, the trading firm founded by Bankman-Fried, had a huge amount of FTT tokens on its books.

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