FTT token trading volume may increase due to FTX compensation plan
The FTT token, which has become invalid on FTX, experienced a surge in trading volume after positive news from creditors. FTX released a compensation plan last week, in which 98% of creditors will receive 118% of their allowed claims. On May 8th, the day the plan was announced, FTT spot trading volume reached $139 million.
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