CandleFocus

FTX’s FTT Token Defies Logic, Trading at $2 Despite Bankruptcy

The authenticity of publicly available information regarding the defunct FTX cryptocurrency exchange and its native token, FTT, has been questioned by a member of the crypto community. The user compared FTX's valuation to publicly traded companies despite its bankruptcy status. The user also questioned the methodology of a poll that claimed the ratio of American men to women involved in gambling is nearly 2:1. The user highlighted the value of FTT despite FTX's bankruptcy, as well as the potential inaccuracy of data obtained from prediction markets. The article emphasizes the need for caution when relying on publicly displayed information.

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