Read crypto exchange news, listing updates, security incidents, trading volume shifts, and platform strategy across global markets.
Few investors hold FTT tokens off-exchange according to Glassnode data which shows hardly any active addresses on chain
Liam 'Akiba' Wright 2 min read 
Brian Armstrong made a strong statement claiming FTX took part in "conflicts of interest between deeply intertwined entities"
SBF loss over $15B in one day according to data reviewed from the Bloomberg Terminal
Coinbase and Kraken have been experiencing connectivity issues as FTT's slump dragged Bitcoin below its June lows of $18,000.
Following Binance's CEO's announcement that Binance will liquidate its FTX native token FTT, there has been a massive sell-off.
The FTX native token FTT recovered over 44% after the announcement FTX.COM would be acquired by Binance. The token then retraced by 23% to $15.90 at press time.
Binance announced that it intends to fully acquire FTX to protect its users from a liquidity crunch.
The crypto market tanks as users exit positions following speculation over the unsoundness of the FTT token.
FTX hasn't processed any transactions on the Ethereum blockchain in over two hours, sparking rumors of insolvency.
