Hello Friends, It's been an incredible day in the cryptocurrency world. One of the best crypto exchanges of recent times, the FTX exchange, is now at war with CZ Binance. A few days ago, approximately $500 million worth of FTT tokens were transferred to a wallet. Some people researching this. They claimed that the wallet belonged to CZ. Many people panicked and the cryptocurrency market crashed once again. Initially, the FTT token dropped to $24. But in the last few hours, there was a big decrease and it fell to 3 dollars. Already the FTX exchange was used especially for margin and futures transactions. It was also a very secure exchange. Judging by the current situation, CZ is playing some games again. Let's see what will happen next.
So What Could Happen Next?
It is not possible to say anything clear about what will happen after this event, but predictions can be made. If the FTX crisis is not resolved, it will be just like the Luna coin situation and even delist in my opinion. But if this issue is resolved, CZ Binance will likely buy the FTX exchange.
