Key Points of the News: Sam Bankman-Fried's official X account posted a message about the quarterly closure of traditional markets using an authorized intermediary. The token FTT recorded an abrupt 11% increase in a few minutes due to the reaction of automated trading bots, then erasing all of its profits. The movement occurs weeks after a federal appeals court ratified the 25-year sentence and sentence for the founder of FTX. Former FTX directo…
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.
Key Points of the News: Sam Bankman-Fried's official X account posted a message about the quarterly closure of traditional markets using an authorized intermediary. The token FTT recorded an abrupt 11% increase in a few minutes due to the reaction of automated trading bots, then erasing all of its profits. The movement occurs weeks after a federal appeals court ratified the 25-year sentence and sentence for the founder of FTX. Former FTX directo…