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FTX CEO Sam Bankman-Fried Denies Insolvency Rumors as Binance Liquidates FTT Token The head of FTX sister company Alameda Research offered to buy as much FTT as Binance wants to sell. Binance founder Changpeng ‘CZ’ Zhao said on Sunday that the exchange is liquidating its position in the FTT token of its rival exchange, FTX. Changpeng Zhao said Binance was making the decision based on recent revelations. Reports had revealed that FTX’s sister company Alameda had assets worth $14.6 billion. #ftx #binance #cryptonews
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