As part of Binance’s exit from FTX equity last year, Binance received roughly $2.1 billion USD equivalent in cash (BUSD and FTT). Due to recent revelations that have came to light, we have decided to liquidate any remaining FTT on our books. 1/4
Liquidating our FTT is just post-exit risk management, learning from LUNA. We gave support before, but we won't pretend to make love after divorce. We are not against anyone. But we won't support people who lobby against other industry players behind their backs. Onwards.
Do you know a simple signature in Metamask can drain your wallet?
A very experienced user (top 10 by Degen Score) lost almost 500k USDC in an exploit today.
You could be next...
A short thread how it happened and how you can avoid such exploits in future.