Market Cap: $3,392,084,888,391
24h Vol: $122,158,012,303
Cryptocurrencies: 26570
Markets: 104228
Cryptocurrencies: 26570
Markets: 104228
Market Cap: $3,392,084,888,391     
24h Vol: $122,158,012,303
Bitcoin.com 2022-11-13 15:30:59

FTX Contract Deployer Unlocks 192 Million FTT, Exchange Token’s Questionable Tokenomics Highlights Red Flags

FTX Contract Deployer Unlocks 192 Million FTT, Exchange Token’s Questionable Tokenomics Highlights Red Flags
Following the collapse of FTX and the exchange filing bankruptcy on Nov. 11, the trading platform’s exchange token called ftx (FTT) has shed 91.6% in value during the last seven days. While the FTT token’s utility is based entirely on the backing of the now-bankrupt FTX and Alameda Research, the token is still trading for
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