Just In: CZ Explains Reality Behind FTX Token Deposit To Binance

Binance FTX Token Updates: Amid much debate around Binance sale of the FTX token (FTT), CEO CZ tried to clear the air of ‘misconceptions’. Stating that he was surprised at the amount of discussion the FTT transfer sparked, CZ said it is not possible to plan such moves. Ever since CZ announced the transfer of $584 million worth of FTT token, the discussion about it was all the place on crypto Twitter. Meanwhile, the price of FTT token plunged after the announcement.