FTX conspiracy made Binance liquidate its FTX token – Katoch Tubes

Binance unhappy  with FTX practices

About FTX & Binance

FTX & Binance are the leading cryptocurrency exchanges in the world. Infact, by volume FTX is the second largest exchange after Binance

Founder of FTX

Sam Bankman-Fried is the founder of FTX. He's also the founder of Alameda Research, the investment arm of FTX.

FTX Conspiracy

The recent revelations highlighted that FTX lobby against other industry players which is a bad & unethical practice to kill competition.

Exposed Balanced Sheet

A leaked balance sheet of Alameda Research alleges billions of dollars are tied up  in FTX's token which looks like the case of LUNA.

What Binance Said

Learning from the fall of LUNA, Binance will no longer support FTX token (FTT) and has plans to completely liquidate it.

Total FTT holdings

Binance exchange held $2.1 billion worth of FTT token and it will take months to liquidate it

More about FTX

Swipe up & read more about FTX exchange

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