Because the collapse of FTX continues to fire up turmoil within the crypto trade, varied crypto exchanges have delisted FTX tokens (FTT) from their platforms.
In an announcement, crypto alternate Binance harassed that it had eliminated FTT/BTC, FTT/BNB, FTT/ETH and FTT/USDT buying and selling pairs from its platform because the pairs failed its current opinions. Nonetheless, the alternate written down that the FTT/BUSD pair continues to be accessible on its alternate.
at #binance We conduct common opinions of the property listed to make sure they meet our requirements of defending our customers.
Based mostly on our current opinions, we will likely be eradicating a number of and ceasing buying and selling $FTT Buying and selling pairs on 11/15/2022 04:30 (UTC):
FTT/BNB
FTT/BTC
FTT/ETH
FTT/USDT
— Binance (@binance) November 14, 2022
The choice follows requests from neighborhood members to have the token delisted. In a tweet, influencer Cevo pushed Binance CEO Changpeng Zhao will take quick motion in opposition to FTT, proposing to delist all the pieces associated to FTX to guard the exchanges' clients.
Apart from Binance, BitMEX delisted the perpetual swap contracts regarding FTT. These embody its FTT/USD and FTT/USDT pairs. The alternate cited a discount in spot buying and selling of the pairs as the explanation for the delisting. Like BitMEX, KuCoin has additionally delisted its FTT/USDT perpetual contract on KuCoin Futures.
In the meantime, Zipmex has too announced that it might delist the FTT on November 22, 2022 however would go away withdrawals open till February 14, 2023.
Associated: FTX collapse may see crypto sector layoffs speed up
Days after the FTX disaster started, its former CEO, Sam Bankman-Fried, tweeted varied cryptic messages, prompting wild theories and hypothesis inside the crypto neighborhood. Some theorized that the tweets might be an act by Bankman-Fried to probably defend himself by claiming he's insane if he's ever delivered to justice.
After the FTX rip-off got here to mild, an interview with Bankman-Fried within the New York Instances drew criticism from Crypto Twitter for showing to defend the actions of the previous FTX CEO. Many have criticized the mainstream media for attempting to vary the narrative round his alleged monetary crimes.
