FTX Token Plummets as Market Fears Possible Alameda Contagion

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FTX Token Plummets as Market Fears Possible Alameda Contagion
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BREAKING: FTT dropped over 12% in an hour as crypto investors continued to worry about a possible Alameda contagion. thesamreynolds reports

FTX's exchange token FTT was down over 12% during Asia's morning as the market continued to be alarmed by the contents of Alameda Research's balance sheet.

The entire 'Alameda bag' was in the red Tuesday morning with FTT dropping over 12% in an hour. SOL and SRM were down 4% and 2.7%, respectively during the same period.

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