Binance exchange have stop the deposit of FTT token on their exchange.
With the way things are going it seems every exchanges will delist FTT and so there for the token will go to zero.
I am kinda not sad about this whole situation because it will favour crypto on the long run. People will take decentralised exchanges more seriously and they will now understand how very important a crypto hardware wallet is.
A somewhat late decision. Binance, on its account, had announced that $400 million had already been transferred, and had not announced its decision to stop deposits.
The platform itself is affected by everything that happened with the FTX platform, especially since there is no detailed news about what happened and how it happened. Not to mention the wholesale damage as a result of the decline in the price of cryptocurrencies, including Bitcoin and Ether.