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Finances

CZ’s Binance to Buy Rival FTX After Sam Bankman-Fried Faces Liquidity Crunch

Yueqi YangBy Yueqi YangNovember 8, 2022No Comments1 Min Read

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The drama reached fever pitch on Sunday, when Zhao introduced he would promote all of his FTT holdings, the native token of FTX change, price $529 million on the time resulting from “current revelations that got here to mild.” The tweet adopted a narrative from CoinDesk saying that Alameda Analysis, a buying and selling home owned by Bankman-Fried, had a whole lot of its property in FTT token. FTT pared an earlier lack of greater than 35% to round 19%, and was lately buying and selling at round $18, in keeping with costs on CoinMarketCap. 



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BankmanFried Binance Buy crunch CZs faces FTX liquidity rival Sam
Yueqi Yang

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