Binance Is Selling All FTX (FTT) Tokens. Why Is Binance Selling FTT?

Following concerns over Sam Bankman-FTX Fried’s cryptocurrency exchange’s solvency, Binance CEO Changpeng “CZ” has declared that Binance is selling off all FTT tokens. About 23 million of his FTX coins, valued at $529 million, are held by Binance. Sam Bankman-Fried…