The FTT token surged Friday after SBF_FTX, founder of the now-defunct crypto platform FTX_Original, came out in support of a revival plan proposed by cryptomanran, reports godbole17
to restart FTX by issuing a new FTT token and giving it to creditors and depositors.
Neuner, the host of CNBC's Crypto Trader show that launched in 2020, recommended distributing 100% of profits to token holders, adding that the idea would reestablish FTX as a dominant player and make users whole. "Neuner's proposal is equivalent to a debt restructuring plan," said Griffin Ardern, a volatility trader from crypto asset management firm Blofin."Sam's support for the same seems to have revived hope among investors that they would get their funds back."
The FTT token surged as much as 47% to $1.97, the highest since Nov. 16, after Bankman-Fried's tweet at 08:18 UTC, TradingView data show. Sam Bankman Fried came out in support of an exchange revival plan proposed by crypto influencer Ran Neuner. showed sister concern Alameda Research holding large amounts of the illiquid FTT tokens, a sign of the unusually close relationship between the two entities.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Taylor Swift was in talks to sign a $100 million deal with crypto’s latest anti-hero: FTFTX (Taylor’s version): The defunct exchange's list of celebrity suitors goes on.
Consulte Mais informação »
Taylor Swift's 'Eras' Tour Ticketing Debacle Could've Been Worse: She Almost Partnered With FTXTaylor Swift came close to finalizing a sponsorship deal worth over $100 million with FTX, the massive crypto exchange that just imploded into bankruptcy.
Consulte Mais informação »
Crypto Investors Despondent After Losing Life Savings in FTX 'Bloodbath'Cryptocurrency stans are being forced to face the music as the industry continues trending ever-downward during 2022's 'crypto winter.'
Consulte Mais informação »
Was the fall of FTX really crypto’s ‘Lehman moment?’It isn’t entirely clear what is even meant by a “Lehman moment.” Does it refer to a sudden financial collapse? A bankruptcy that sets off a domino effect — until the global economy is shaken?
Consulte Mais informação »
Sam Bankman-Fried wanted FTX to sponsor Taylor Swift tour for $100 millionSam Bankman-Fried is reportedly such a huge Taylor Swift fan that he pushed for FTX to sponsor her tour in a $100 million deal that almost happened
Consulte Mais informação »
Taylor Swift had a $100M FTX sponsorship deal fall apart prior to its bankruptcy: ReportFTX was reportedly in the late stages of negotiating a sponsorship deal with Taylor Swift months before its liquidity crisis and bankruptcy.
Consulte Mais informação »