FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange
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On Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debtors nor any entity related to the company has issued any IOU crypto assets or “debt tokens.” The alert comes as a token called “FUD (FTX User’s Debt)” has been circulating on the Tron blockchain and is listed on Huobi. FTX Debtors Leverage Official Twitter Account to Inform Community FTX debtors who control the official FTX Twitter account are warning the community about entities claiming to be
FTX Debtors, a group of affiliated debtors of FTX, have published a report highlighting the control failures made by the previous management of FTX. The report has been published in collaboration with FTX Trading, covering different critical functions. This is the first report with an investigation ongoing at the moment.…
The legal tussle between bankrupt crypto exchange FTX and crypto lender Genesis seems to be coming to a resolution, a recent court filing reveals. According to the letter filed yesterday at the US bankruptcy court for the Southern District of New York, both firms – who happened to have filed…