FTX Founder Dismisses Balance Sheet Concerns After Rival Binance Announces Token Liquidation

FTX Founder Sam Bankman-Fried on Monday reassured investors in a series of tweets after Changpeng Zhao, the CEO of rival Binance said on Sunday that the exchange planned to liquidate its holdings of the former's token. Zhao had stated that the FTX token holdings would be sold "due to recent revelations that have come to light", but did not specify how much of the toke...

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