Crypto exchange Binance unloads all of its FTX token holdings

Crypto exchange Binance confirmed that it is unloading all of its FTX token holdings. The company explained that the liquidation of its holdings is due to recent revelations that have come to light and not a move against a competitor, according to Bitcoin.com. The confirmation was done by Binance CEO Changpeng Zhao (CZ) in a Twitter Sunday post on Sunday. The crypto exchange executive explained that Binance, an early FTX investor, received $2.1 billion in BUSD (Binances stablecoin) and FTT from exiting FTX equity last year. As part of Binances exit from FTX equity last year, Binance...

source: https://tokenpost.com/Crypto-exchange-Binance-unloads-all-of-its-FTX-token-holdings-9812

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