Price of FTT, Cryptocurrency Linked to Bankman-Fried, Jumps

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The Street

By Luc Olinga FTT is the token that was issued by the ecosystem of the bankrupt crypto exchange FTX. The cryptocurrency market is witnessing the return of one of its most disgraced members. FTT, the native token of bankrupt cryptocurrency exchange FTX, had been pretty much given up for dead. FTT prices, which had reached a record $84.18 on Sept. 9, 2021 had fallen to $0.827479 on Dec. 30, a drop of 99% according to data firm CoinGecko. On Nov. 5, the day before the run on the bank that caused FTX to fall, FTT was trading around $24.01. The next day, the digital currency began to collapse befor…

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