FTX CEO Sam Bankman-Fried Denies Insolvency Rumors as Binance Liquidates FTT Token

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FTX CEO Sam Bankman-Fried Denies Insolvency Rumors as Binance Liquidates FTT Token
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FTX CEO SBF_FTX has dismissed speculation over whether the company has enough capital to cover its customer deposits. Reporting by oknightcrypto

early Monday morning as speculation built over the weekend about the solvency of his crypto exchange.

"FTX has enough to cover all client holdings," he added."We don't invest client assets . We have been processing all withdrawals, and will continue to be."revealing the balance sheet of FTX sister company Alameda Research was loaded with FTX's native exchange token FTT. That led to a public war of words between Alameda CEO Caroline Ellison and Binance CEO Changpeng Zhao , also a sizable owner of the FTT token.

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