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Binance to liquidate its entire FTX Token holdings after ‘recent revelations’


Binance to liquidate its entire FTX Token holdings after ‘recent revelations’

The CEO of cryptocurrency exchange Binance, Changpeng “CZ” Zhao, said his company will liquidate the entirety of its position in FTX Token (FTT), the native token of competing exchange FTX.

In a Nov. 6 tweet, Zhao said the decision was made after “recent revelations that have came to light.”

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