Regarding the FTT judge's statement that "FTT is a 0 asset before FTZ is restarted"

First of all, I am Liang Bo Yaya, the new coin king of Binance Square.

I am very happy to meet you all here.

Many people panicked when they heard that FTT was regarded as a 0 asset. In fact, this is the time when the best opportunity comes.

First of all, if FTT is determined by the judge to be a valuable asset, then FTT will be liquidated as an asset and then compensated for all users who suffered losses.

If a large amount of FTT is sold, FTX Exchange will lose control of FTT, and it will also lead to a large amount of selling pressure in the market by the organizer.

Let's talk about what will happen if FTT is completely sold and liquidated by FTX. I think you should be able to imagine that if FTx is restarted, it will issue a new platform coin, causing FTT to completely become a bubble. Because it is impossible for any exchange to use a currency with a balance of 0 in its hands as its own platform coin. Right, everyone?

To sum up, FTT being listed as a zero-asset token is a kind of protection for all of us who hold FTT. From the emotions after the hearing just now, we can see that FTT fell a few cents after the news came out, but quickly rebounded 60% of the decline. It is not difficult to see that the market's bullish sentiment is still greater than the bearish sentiment.

That's it, adjourn the meeting. $FTT