TechFlow news — Binance stated on its official Twitter account: "We have noted that, according to the FTT unlock schedule, 100% of FTT has been fully unlocked since May 1, 2022. The recent large-scale movement of FTT was likely due to internal asset consolidation by FTX. We are contacting the current FTX team for further clarification. Binance has now reopened FTT deposits."
Earlier, CZ tweeted that Binance had suspended FTT deposits to prevent suspicious additional supply from impacting the market, and that Binance would closely monitor developments. CZ suggested other exchanges take similar actions as a precautionary measure to avoid a situation similar to GALA.Source link
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