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Binance To Sell $529 Million Of FTX Token Because Of This 1 Mistake

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1

Caroline Ellison, CEO of Alameda Research, stated Sunday that the leaked information regarding the firm's balance sheets only tells part.

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2

Further evidence of the close connections between the companies was provided by the leaked balance sheet and FTT holdings.

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3

Changpeng Zhao, Binance CEO, said that FTT would be sold "due to recent revelations."

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4

However, he stated that Binance received $2.1 billion in BUSD and FTT as part of Binance exiting FTX equity last fiscal year.

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5

Ellison replied by offering to buy Binance's FTT holdings for $22 per token.

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6

CZ posted that Sam Bankman-Fried, CEO of FTX, also replied to CZ's post. 

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7

"I wish all the best to everyone who is driving the industry forward." I admire the efforts of all involved in building the industry today.

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8

It doesn't matter if they reciprocate or if we use the same methods, CZ added.

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