Binance To Liquidate FTX Holdings

https://www.coindesk.com/markets/2022/11/07/open-interest-in-ftt-futures-doubles-to-203-million-as-binance-decides-to-sell-ftxs-native-token/

Binance is going to liquidate it’s FTX holdings. Binance will be liquidating it’s FTX holdings to secure its risk management in the FTX platform. Sam Bankman Fried has been under serious scrutiny for what seem to be askew ethics and not having the crypto spaces best interest at heart. His FTT token is facing some serious down pressure with Alameda looking to be insolvent and Binance liquidating their FTX assets. FTT token is also facing pressure of the futures markets.
#binance #ftx #futures

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