BREAKING: FTX’s token falls sharply amid Binance controversy
from CoinDesk that revealed details of Alameda Research’s balance sheet. Alameda is a crypto trading firm, which is owned by FTX's Sam Bankman-Fried.
After Zhao’s tweets, FTX CEO Sam Bankman-Fried tried to calm the market. He said yesterday that the exchange is “fine,” and called for FTX and Binance to work together for the good of the industry. Alameda CEO Caroline Ellison had offered to buy Binance’s FTT holdings at $22 per token.published Nov. 7, market maker B2C2 said the price of Solana and FTT may become the most important data points for monitoring the trajectory of the crypto market this week.
Such a decline could impact the exchange to which it is tied, FTX. Already, the firm has struggled with withdrawals. FTX said in , however, that the withdrawals queue “is decreasing and getting back to more reasonable levels; nodes and banks catching up.”© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.By signing-up you agree to our
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