Post
Topic
Board Altcoin Discussion
Re: FTX exchange is going to be bankrupted. What happens to FTX Token?
by
serjent05
on 12/11/2022, 22:49:44 UTC
Hi All,

FTX is filing for bankruptcy. Do any Crypto masters know what will happen to FTX Token?

It is possible that it gets dumped since every holder will rush to sell their holding in order to cut losses.  The longer they take to sell the coins, the bigger their losses will be.  There is also a possibility that FTX tokens will become worthless.

Will it get delisted? Sad day for the crypto space.

If it doesn't meet the required trading volume then obviously it will get delisted.  But if the trading volume is maintained I think the exchange will keep it unless the SEC declares that FTX is a fraudulent company.  If that happens, exchanges will be forced to delist FTX.