FTT surged more than 19% today, possibly due to the commutation of sentence for former FTX executives
The news from Mars Finance states that two former FTX executives, Ryan Salame and Caroline Ellison, have been granted reduced sentences, as well as the impact of discussions regarding SBF's potential pardon by the US President. FTT has surged significantly today, briefly breaking through $4.2, and is currently trading at $3.95, a 24-hour gain of 19.1%.