2023-11-07 23:01:55
Binance Liquidates Its FTT as CEO Changpeng Zhao Says FTX Lobbying Against Rival Exchange - The Daily Hodl
Binance has announced it’s selling off all its FTX Token (FTT), as CEO Changpeng Zhao says FTX has been engaging in political efforts against Binance.
In a Twitter thread, Zhao says that last year, Binance decided to sell its equity in FTX, receiving billions in stablecoins and the exchange’s native token FTT.
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Now, Zhao, who heads the largest crypto exchange in the world by volume, says Binance is getting rid of the assets received in the exit with “revelations” coming to light.
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