A third of a billion dollars worth of FTX tokens made available – crypto.news
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According to on-chain statistics, today’s deployer contract for FTX Exchange Tokens (FTT) inexplicably produced 192 million additional tickets and delivered them to a recently formed wallet. These tokens are worth around $380 million at the current pricing. The exchange made the new FTT available without prior notice and in response to an FTX breach allegedly discovered by the on-chain statistics. Binance stopped FTT deposits due to the sudden influx of new tokens into the market. “Binance has paused FTT deposits to avoid the possibility of shady extra supply having an impact on the market. Encourage other exchanges to follow suit,
On August 8, Alameda Research made a significant move by depositing 205,380 $WLD tokens into Binance, one of the largest cryptocurrency exchanges in the world. The value of these coins is approximately $351,000, according to Lookonchain. This transaction has occurred during the period when Alameda and FTX, its sister firm,…