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FTX’s FTT Token Defies Logic, Trading at $2 Despite Bankruptcy


FTX’s FTT Token Defies Logic, Trading at $2 Despite Bankruptcy

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  • A crypto user questioned the quality of data about FTX and FTT.
  • The user noted a platform valued bankrupt FTX over existing publicly traded companies.
  • Published data showed FTT remained 17.65% profitable.

A crypto community member on X has questioned the authenticity of publicly available information concerning the defunct FTX cryptocurrency exchange and its native token, FTT. The crypto user highlighted FTX’s valuation compared to publicly traded companies, despite its bankruptcy.

Citing a poll about the ratio between American men and women involved in gambling, the crypto community member questioned the methodology used to conduct the exercise. According to the poll result, the ratio between American men and women involved in gambling is nearly 2:1. A report attached to the poll noted that more men gamble because they are more likely to make impulsive decisions and take risks.

The user wondered if gender alone could explain the difference between…

The post FTX’s FTT Token Defies Logic, Trading at $2 Despite Bankruptcy appeared first on Coin Edition.

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