Sam Bankman-Fried Denies FTX Insolvency Rumors as Binance Moves to Liquidate FTT Tokens

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Sam Bankman-Fried Denies FTX Insolvency Rumors as Binance Moves to Liquidate FTT Tokens

Watch CoinDesk Video: Sam Bankman-Fried Denies FTX Insolvency Rumors as Binance Moves to Liquidate FTT Tokens.
Traders are scurrying to hedge against a potential slide in crypto exchange FTX's native token, FTT, in the wake of Binance's decision to liquidate FTT holdings and controversy surrounding sister company Alameda Research's balance sheet. This comes as FTX CEO Sam Bankman-Fried tweeted in part that "FTX is fine. Assets are fine." "The Hash" panel discusses the latest developments after CoinDesk published a story revealing that Alameda's balance sheet was loaded with FTT.

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