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How much FTT did Alameda receive before listing on FTX?
Two days before the official listing on FTX on 29 July 2019, Alameda received5m FTT in three transactions directly from the FTX Deployer (who minted the FTT) to their FTX account. Additionally, 20m FTT were deposited by the FTX Deployer to an FTX-related FTX deposit wallet on the day of the listing.Did Alameda's CEO offer to buy Binance's FTT token?
Alameda's CEO offered to buy Binance's FTT token holdings for $22 apiece. Don't miss "FTX: What Happened" with the former president of FTX's U.S. arm and Anthony Scaramucci.Did Binance really like FTX?
Obviously, Binance didn’t like what it found. You can read its full statement, which it also tweeted, below. Last week, CoinDesk published a blockbuster piece about Alameda Research, the sister firm of FTX that’s also owned by Bankman-Fried. The biggest asset on the firm’s balance sheet was FTX’s FTT token, CoinDesk reported.Will Binance's FTX bailout affect Alameda?
Investors fear that the giant Binance exchange's bailout of FTX might not extend to Alameda, which is a significant market maker and lender in the crypto space, and that Alameda might face margin calls and be forced to fire-sell assets from its balance sheet to raise liquidity.