What's going on with BinanceLabs $FTT stake? cz_binance has a surprising answer FTX
The researcher added that all the investors on the list must be"rekt," which is equal to"wrecked" in broken English. This slang word is used by gamers as a characteristic of losing players in PvP battles, while traders and investors use it for liquidated actors who lost money.
Changpeng Zhao, CEO of Binance, took to Twitter to comment on @frxresearch's estimation that Binance Labs still holds its position in FTX Token:by U.Today previously, one of the firms on the list, Galois Capital, lost over 50% of its assets under management due to the FTX collapse. In Q1, 2022, it was one of the few VC firms to avoid losing funds in the LUNA/UST drama.admittedAt the same time, Binance's CZ claimed that he does not consider selling FTT in any way.
His followers have also asked him about the possibility of selling FTX Tokens via over-the-counter instruments . CZ answered that it is not an option for Binance Labs: Don't think it would have worked. There will be all kind of excuses/problems anyway. And I prefer not to deal with fraudstersthat his team has never shorted its FTT positions and stopped selling the token immediately after a conversation with Sam Bankman-Fried.Blockchain Analyst & Writer with scientific background. 6+ years in IT-analytics, 3+ years in blockchain.
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