$FTT When Trump announced his victory, FTT (FTX's platform token) will undoubtedly become the focus of the market and trigger a wave of enthusiasm. FTX's reorganization seems to be a foregone conclusion, which will undoubtedly bring an unprecedented sense of crisis to Binance. FTX's explosion can be traced in part to CZ's (Binance founder) decision to sell all FTT tokens, an action that triggered a series of chain reactions. Perhaps CZ's legal risks in the United States have foreshadowed what may happen in the future.
After Trump's victory was announced, FTX quickly announced a compensation reorganization plan, which was so close to Trump's inauguration on January 20 that people can't help but wonder if this is purely coincidental. FTX's reorganization plan is expected to take effect in early January 2025, and user compensation is scheduled to start in March. This close connection in time seems to suggest that there may be a subtle connection between political events and market dynamics.
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