Binance vs FTX- 23 million FTT on
$584 million (FTX native token) unexpectedly transferred to Binance exchange
- FTT reacted with a drop of more than 8%
- CZ said that
Binance had $2.1 billion in
BUSD and FTT as part of its exit strategy from FTX investments, and through unethical actions by Sam
Benkman-Fried will sell all of its $600 million in FTTs on the open market
- Alameda, Sam's pocket office, called on
CZ to sell all FTT tokens at
$22- CZ said the liquidation of FTT is simply
post-exit risk management, based on the LUNA experience
- In the last
24 hours, amid FUDa, more than
$400 million in assets withdrawn from FTX
- FTX through Circle has added more than
$300 million USDC to the exchange in 24 hours
"We're not going to support people who are lobbying other industry players behind their backs," CZ said, selling $500 million worth of FTT tokens
