FTX Token Falls 80% Regardless of Binance Bailout as Alameda Contagion Spreads to Bitcoin

FTX Token Falls 80% Regardless of Binance Bailout as Alameda Contagion Spreads to Bitcoin

by Jeremy

As an instance simply how spectacular the FTT token value’s collapse has been, check out the next chart of the ten largest laggards over the 24 hours within the “Clear CeFi Forex” business group, inside the CoinDesk DACS. The business group contains digital belongings “distributed by a central entity and backed by a centralized reserve treasury (i.e., company, authorities, CBDC’s, centralized trade),” based on the definition.

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