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Zenger
Zenger
Business
Murtuza Merchant

Binance To Dump All Holdings Of Bankman-Fried’s FTX Tokens

Binance FTX Changpeng Zhao Caroline Ellison Sam Bankman-Fried FTT United States
The Binance logo is seen during the 2022 Web Summit in Lisbon, Portugal, on November 4, 2022. The company will liquidate its entire holding of the native token of cryptocurrency exchange FTX. PEDRO FIUZA/NURPHOTO VIA GETTY IMAGES

Binance (CRYPTO: BUSD) CEO Changpeng Zhao has said his company will liquidate its entire holding of the native token of cryptocurrency exchange FTX (CRYPTO: FTT). 

He said it was amid “recent revelations that have come to light,” and that he would not support people who “lobby” against other industry players behind their backs.

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