Binance Plans to Liquidate FTT Tokens
Binance CEO Changpeng Zhao (“CZ”) announced plans to liquidate Binance’s FTT holdings. He cited “recent revelations that have come to light.” The “revelations” likely involve FTX, which created FTT as a utility token that holders can use for discounts on FTX’s exchange fees or collateral for advanced trading options. He expects the exchange’s sales of … [Read more…]