Home Featured BNB vs FTX – A war of words that has led to a bloodbath!

BNB vs FTX – A war of words that has led to a bloodbath!


The simmering dispute between the two giants of the crypto platform market was still in the air. It suddenly escalated last Sunday. BinanceThrough its interim Changpeng Zhao is the CEOThe entire group was liquidated by. FTT Token These are the following Rumours of bankruptcy Alameda, an in-house investment fund that is managed by S.Am Bankman-Fried The only one who can be called the other is the CEO of the FTX exchange platform (see below)

“As part of Binance’s exit from FTX last year, Binance received approximately the equivalent of US$2.1 billion in cash (BUSD and FTT). Due to the recent revelations that have been made, we have decided to liquidate any remaining FTT on our books.”

Cryptoast reports thus: “These rumours come on the heels of a Coindesk report Published November 2, which shows that Alameda Research holds the majority of funds. FTT is the token for the FTX platform. As a result, Alameda Research may become insolvent in the event of a sharp drop in the price of FTTs, as was the case with Celsius.” This was all it took for the smell of blood to attract the sharks, even though FTX and especially Alameda were quick to launch counter-measures through CEO Caroline Ellison. (see below)

“If you are looking…

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