Golden Finance reported that Igneus Terrenus, the head of Mantle's public relations, responded to the unlocking of ByBit and FTX's exchange of platform coins on his social platform. He said that Bybit has never had a CEX token. BIT is the governance token of BitDAO. The BIT held by Alameda is restricted from migrating to MNT. The two parties are currently going through legal procedures. Earlier news, according to Ember's monitoring, ByBit and FTX exchanged platform coins in early November 2021: ByBit exchanged 100 million BIT for FTX's 3.36 million FTT, and both parties promised not to sell them within 3 years. Now there are only 2 months to the end of 3 years, and it is likely to be sold after the restricted sale ends. At that time, it was an equal exchange, and now the price difference exceeds 53 million US dollars: 100 million BIT is worth 57.73 million US dollars; 3.36 million FTT is worth only 4.47 million US dollars. BitDAO (BIT) has now been upgraded to Mantle (MNT).