FTX CEO Sam Bankman-Fried called the news a “user-centric development that benefits the entire industry.”
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Alameda on the radar of BitDAO community for alleged dump of BIT tokens
Bybit co-founder Ben Zhou stated that while no wrong-doing is confirmed, the BitDAO community would like to see proof of fund from Alameda.
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Binance CEO not interested in Alameda’s offer to buy up its FTT holdings
CZ signaled that he isn’t interested in an offer from Alameda to buy out Binance’s FTX Tokens saying they’d rather “stay in the free market.”
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SBF calls for collaboration with Binance ‘for the ecosystem’
FTX’s founder denied liquidity issues with FTT token and claimed to be the victim of false rumors.
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FTX Token price risks 30% plunge as a 23M FTT ‘part’ moves to Binance
Alameda Research reportedly obtained $2.2 billion worth of loans using FTT as collateral, a token created by cryptocurrency exchange FTX.
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SBF has been a ‘significant donor’ in the US midterm elections
The FTX founder has reportedly spent almost $40 million mainly supporting Democrats during the current political cycle, according to Open Secrets.
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