FTX founder Sam Bankman-Fried has confirmed that FTX is OK after Binance CEO CZ announced that it poured FTX and started selling FTT tokens. Sam Bankman-Fried Still wanting Binance and FTX to build an ecosystem together.
“Competitors are trying to create false rumors about us,” Bankman-Fried tweeted. “FTX is still good. Assets are still good. FTX We don’t invest customer assets. (Even in the Treasury) We have all withdrawn. and will continue to do so.”
On Sunday, CZ said his firm will begin clawing its FTT coin holdings, as CoinDesk reports that a balance sheet report from Almaeda revealed the company has assets worth $3.66 billion as “unlocked FTT” and $2.16 billion. Dollars to “FTT collateral” shows that the company has more than $14.6 billion in total assets and $8 billion in liabilities, including $7.4 billion in loans.
Ultimately, the FTX founder seems eager to work with CZ as he tweeted: “I would be delighted @cz_binance if we can work together,” he said, not sure if CZ would still want to work with him.
CZ’s Twitter account also revealed that the FTT token sale was to manage risk after discovering the truth and learning from the LUNA incident, adding that it is not hostile to anyone but that we do not support it. The lobby takes place in the industry.
source LINK