The resignation of Binance CEO as part of the settlement reached with the US Department of Justice benefited FTX (FTT).
Binance’s CEO Changpeng Zhao, within the scope of the settlement reached with the US Department of Justice 21 November He resigned from his post on that day. CZ’s bankruptcy is the exchange’s native token BNB’s decline native token of once rival exchange FTX FTT 60% more in a short time rose.
In the collapse of FTX, which announced its bankruptcy in November last year Binance CEO CZ’s finger Rumors that this happened were frequently brought up. With the resignation of CZ, the rise of FTT increased the interest among investors. speculations It flared up again.
There is speculation that the USA bought from CZ your so called revenge There were also those who suggested that this was positive news for the FTT. On the other hand, Binance’s future He will have to leave the USA within 5 years Rumors about FTT may also have influenced the rise of FTT.
Before FTX went bankrupt, it was among the largest exchanges in the world. In addition, recently the stock market has paid off its debts to its creditors. 2024 There have been rumors for a while that it will reopen in At the center of attention of FTT led to its involvement.
USA via FTX can enter the cryptocurrency market and Transfer FTX to a government-backed exchange There are also speculations that he may translate it. Before the bankruptcy, SBF stood out with its close ties to many MPs and senior state officials.
According to CoinGecko data, before the news of CZ’s resignation $2.98 FTT, consolidated at the level of 60% in less than 2 days rising for $4.77 reached. FTT is trading at $4.64 at the time of writing.
FTX’s Altcoin Rises with the Binance-USA Agreement: 60 Percent Rise! The article titled was prepared by Tugay Erdem and published on koinbulteni.com.