FTX

2022 - 11 - 7

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Image courtesy of "Financial Times"

Binance versus FTX: the face/off (Financial Times)

The “recent revelations” were a CoinDesk story on Wednesday that examined the overlap between Sam Bankman-Fried's FTX crypto exchange and Alameda Research, his ...

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Image courtesy of "Coindesk"

Binance to Sell Rest of FTX Token Holdings as Alameda CEO ... (Coindesk)

Binance CEO Changpeng "CZ" Zhao did not say how much FTT his firm will sell, but that as part of the cryptocurrency exchange's exit from FTX equity last year, ...

[strict set of editorial policies](/ethics/). CoinDesk is an independent operating subsidiary of [Digital Currency Group](https://dcg.co/), which invests in [cryptocurrencies](https://dcg.co/#digital-assets-portfolio) and blockchain [startups](https://dcg.co/portfolio/). UPDATE (Nov. “We typically hold tokens for the long term. Alameda was revealed to have $14.6 billion in assets and $8 billion in liabilities, including $7.4 billion in unidentified loans. As of press time, the price of FTT rebounded to $23.03.

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Image courtesy of "Cointelegraph"

Binance to liquidate its entire FTX Token holdings after 'recent ... (Cointelegraph)

The CEO of cryptocurrency exchange Binance, Changpeng Zhao, announced the company would sell its entire FTX Token (FTT) holdings over the next few months ...

[price of FTT](https://cointelegraph.com/ftx-token-ftt-price-index) whirled on the series of announcements and within a two-hour period on Nov. 6 tweet however said the balance sheet wasn’t reflective of the true story, noting that the sheet in question is only for “a subset of our corporate entities” and other assets worth over $10 billion “aren’t reflected there.” FTT is down over 4.3% over the last 24 hours trading around $22.50. [CEO Caroline Ellison](https://cointelegraph.com/news/alameda-research-co-ceo-sam-trabucco-resigns-caroline-ellison-will-become-sole-head) in a Nov. But we won't support people who lobby against other industry players behind their backs. We gave support before, but we won't pretend to make love after divorce.

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Image courtesy of "Yahoo Finance"

Binance to sell FTX token holdings amid questions over trading arm ... (Yahoo Finance)

Binance CEO Changpeng Zhao said Binance will liquidate its remaining FTT tokens issued by the second-largest crypto exchange FTX amid questions over Alameda ...

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