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2023-01-12 11:44:30

Crypto Industry Braces For Massive Selling As FTX To Dump $4.6 Bn Worth Of Altcoins

The post Crypto Industry Braces For Massive Selling As FTX To Dump $4.6 Bn Worth Of Altcoins appeared first on Coinpedia Fintech News The crypto industry is bracing for increased selling pressure as FTX, a digital asset exchange, announced its plans to liquidate billions of dollars worth of assets to repay customers. During a House Committee hearing yesterday, FTX CEO John J. Ray III stated that his team had obtained wallet keys containing liquid digital assets. However, it …

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