FTX Collapse: A Bankman-Fried Token Is Still At Large

By Luc Olinga FTT has certainly fallen since the bankruptcy of its main sponsor FTX, but its market value remains above $510 million. It’s one of the last surviving remnants of former trader Sam Bankman-Fried’s cryptocurrency empire. FTT, the cryptocurrency spun off and attached to the bankrupt cryptocurrency exchange FTX, continues to trade on many platforms. The coin, like many tokens attached to an ecosystem, provided an indication of the valuation of FTX because the firm was its main sponsor. It is therefore surprising to see that, despite the exchange filing for Chapter 11 bankruptcy on N…


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