• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: FTX Trust Sues Genesis To Recover $1 Billion Allegedly Misappropriated By SBF
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: FTX Trust Sues Genesis To Recover $1 Billion Allegedly Misappropriated By SBF
FTT

FTT Misery Worsens As These Top Exchanges Move To Delist Crypto

Christian Encila
by Christian Encila
2 years ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

FTT, the native cryptocurrency of FTX, continues to take massive blows as its situation take a turn for the worse.

In terms of price, the crypto is changing hands at $1.70 according to tracking from Coingecko at the time of this writing.

In a span of seven days, the cryptoasset has declined by 92.3% while over the last 30 days it went down by nearly 93%.

The crypto’s market capitalization now stands at just $223.98 million. Moreover, there’s a notice above its name on the crypto data tracking website Coingecko that is highlighted in red.

“FTX token contract Deployer has transferred out the entirety of supposedly locked FTT tokens into circulation. Proceed with caution,” said the warning.

Related Reading: Bitcoin Breaches $20,000 Level – No Big Deal For Investors Or What?

Major Crypto Exchanges To Get Rid Of FTT

Following the unfortunate series of events that ultimately culminated into the gigantic collapse of the crypto asset, major exchange platforms Binance and KuCoin revealed their plans of removing trading pairs for the cryptocurrency.

KuCoin, the Seychelles-based crypto exchange founded in 2017, used its Twitter account to announce that its FTT/USDT perpetual contract will no longer be available starting November 14.

Meanwhile, Binance also took to Twitter to inform the public that starting November 15, it will delist trading pairs FTT/BNB, FTT/BTC, FTT/ETH, and FTT/USDT.

FTX

Image: Capital.com

The company, however, clarified that it will continue to offer the FTT/BUSD trading pair for its clients and as of this time has not mentioned any plans to remove the particular pair in the near future.

Kraken, a U.S.-based cryptocurrency exchange platform, has not done similar actions but has revealed it already moved to freeze the accounts of FTX Group and Alameda Research after coordinating with the authorities.

Trouble In The Bahamas For FTX

FTX made its situation worse as it committed an error in judgment in its home turf – the Bahamas — that made authorities think the company was involved in criminal activities prior to its highly-publicized collapse.

In November 10, the crypto exchange claimed Bahamian regulators gave it the green light to withdraw funds for its clients that reside in the country.

The following day, the Securities Commission of Bahamas denied the claims and said they did not give instructions or have allowed FTX to do such a thing.

As the company continues to suffer, its native crypto continues to nosedive as its value is now on a 97% decline on a year-to-date basis.

Related Reading: Crypto.com Cronos Token Plunges 93% From Its ATH – Will The Exchange Become The Next FTX?

Crypto total market cap at $802 billion on the daily chart | Featured image from CryptoSlate, Chart: TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Christian Encila

Christian Encila

Follow

Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he's a cook and cinephile who's constantly intrigued by the size of the universe.

Full Profile

Related Posts

Ethereum

Crypto Bloodbath: Ethereum Endures Largest Liquidation Wave Since 2021, More Decline Ahead?

4 hours ago
Ethereum news

Ethereum Founder Buterin Defends Coinbase Amid Fierce Debate: Here’s Why

5 hours ago
Gemini Picks 3 Best Crypto Presales to Weather the Market Crash

Gemini Picks 3 Best Crypto Presales to Weather the Market Crash

7 hours ago
Best Crypto to Buy as US-UK Crypto Alliance Could Redefine the Sector

US and UK Explore Crypto Regulatory Collaboration – Which Are the Best Cryptos to Buy Now?

9 hours ago
Why Bitcoin Hyper's Layer-2 Could Make Bitcoin Relevant for Developers & Modern Demands

Why Bitcoin Hyper’s Layer-2 Could Make Bitcoin Relevant for Developers & Modern Demands

9 hours ago
Crypto

United On Crypto: UK And US Announce Joint Regulatory Effort

10 hours ago
Please login to join discussion

Premium Sponsors

Press Releases

  • Bitcoin Hyper

    ChatGPT предсказва следващата 1000x...

    12 hours ago
  • Snorter надхвърли $4 милиона след...

    1 day ago
  • ตัวละครสัตว์ Snorter หน้าตลกโผล่พ้นกำแพงอิฐ

    นักลงทุนแห่เข้าซื้อ...

    5 days ago
  • Little Pepe ($LILPEPE) presale crosses $25 million milestone as investors eye exchange listings and meme coin Layer-2 blockchain growth.

    Little Pepe Presale Surges Past $25M as Stage 12 Sells Out...

    5 days ago
  • As Demand Grows for Ease, MEXC Adds Apple Pay and Google Pay for Instant Crypto Purchases

    As Demand Grows for Ease, MEXC Adds Apple Pay and Google...

    5 days ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.