Skam exchange FTX used FTT exchange tokens to buy a majority stake in tracker Blockfolio for $84 million in 2020.
According to Bloomberg, 94% of the amount was paid in FTX tokens. As a result of the deal, the exchange became the holder of 52% of Blockfolio shares.
For its part, FTX has consistently claimed to fund Blockfolio with cash and top cryptocurrencies, but has never provided details.
Recall that the FTT exchange token is a key factor in the FTX scam, whose solvency depended entirely on FTT, and this caused concern among investors, regulators and analysts.
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