您现在的位置是:FXT Token (FTT) plummets after SBF was found guilty >>正文
FXT Token (FTT) plummets after SBF was found guilty
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛54人已围观
简介FTX token (FTT) plummets to $1.1579 after founder SBF’s fraud verdict.SBF was found guilty on ...
- FTX token (FTT) plummets to $1.1579 after founder SBF’s fraud verdict.
- SBF was found guilty on all seven counts after a 15-day trial.
- Sam Bankman-Fried sentencing is scheduled for March 28, 2024.
The price of FXT Token (FTT) has taken a severe hit, plummeting to its lowest point of the year at $1.1579, a drop of 8%.
FXT token price chart
This significant decline comes in the wake of the guilty verdict for Sam Bankman-Fried (SBF), the founder of FTX, which once listed among the leading cryptocurrency exchanges.
Sam Bankman-Fried verdict
The primary catalyst for this latest drop is the outcome of SBF’s trial, where he was found guilty on seven counts related to fraud and conspiracy. These charges include conspiracy to commit wire fraud, political fraud, and more.
The trial against Sam Bankman-Fried lasted for 15 days, during which former associates testified against him, alleging his involvement in fraudulent activities that resulted in substantial financial losses for FTX customers. While SBF’s legal defence argued that he did not have any intent to defraud his customers or investors, the jury’s verdict spoke otherwise. Sam Bankman-Fried also gave his testimony starting on October 26.
FXT Token (FTT) price
FTT has witnessed a remarkable downfall, with its value sliding over 98% from its all-time high of $85.02.
In the past 24 hours, FTT’s price has seen fluctuations, ranging from a low of $1.16 to a high of $1.32. Its 52-week low was recorded at $0.77, and the highest point reached $25.86. However, the coin has struggled to recover since its all-time high.
The negative sentiment surrounding FTT began to emerge in November when the FTX filed for bankruptcy. This event significantly eroded market confidence in FTT, which was once trading at an all-time high of $85.02.
Despite these challenges, there is a glimmer of hope for FTT and FTX under new management. The exchange is striving to recover over $7 billion in lost funds and potentially rebrand itself. This effort could redefine the future of the exchange and FTT, offering a fresh start following a period of significant difficulties.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/61136.html
相关文章
Where to buy Siacoin as SC sees 16% rise
FXT Token (FTT) plummets after SBF was found guiltyThe Siacoin (SC) token has seen a huge rally in the past 24 hours and the token is trading at $0.019...
阅读更多
Belgium's first and only crypto lender suspends activities
FXT Token (FTT) plummets after SBF was found guiltyBit4You is Belgium’s first and only crypto asset lending platform.The platform says one of its...
阅读更多
Polkadot Founder Gavin Wood donates $5.8 million in DOT to Ukraine
FXT Token (FTT) plummets after SBF was found guiltyGavin Wood, the founder of the blockchain platform and cryptocurrency Polkadot (DOT), has just donat...
阅读更多
热门文章
- XMR/USD spot price drops 8% as altcoin market slows amid sell
- Ethereum ICO address activates after 7 years
- Uniswap activity pushes Ethereum transaction fees to a new record as bullseye ETH/USD at $400
- Where to buy PolyPlay as PLAY rallies by 93%
- Filecoin miners go on strike due to unfair economic model
- UK could roll out crypto regulation within a year, says senior minister
最新文章
Linear Protocol (LINA) price rally regains steam as DeFi TVL jumps
Uniswap liquidity rose 208% in Q1 as top CEXs saw declines
Galaxy Digital CEO says BTC and ETH are best investments
Basic Attention Token (BAT) continues to decline, here's why?
Ethereum (ETH) falls below the important $2800 support zone
Digital Ruble will dull the effect of US sanctions going ahead