The Cryptocurrency of Fallen FTX Is Still Alive

Published by
The Street

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…

Read More


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.