$389,233,378 in FTT Abruptly Leaves FTX Contract Address, Moves to Unknown Crypto Wallet

Sixty percent of all the FTX Token (FTT) in existence has suddenly been transferred between crypto wallets as the fallen crypto exchange’s dramatic collapse continues. First reported by blockchain tracking service WhaleAlert, Etherscan data shows 195,869,335 FTT worth $389,233,378 leaving FTX’s contract address and into an unknown wallet. The FTT sent was originally part of its “locked” supply, or tokens that can’t be transferred or traded until unlocked in batches. FTT’s entire maximum supply of 328,895,112 tokens has now been deployed. At time of writing, crypto data aggregator CoinGecko currently has a warning label on FTT. “FTX token Contract Deployer