The BitDAO_Official community has threatened to sell FTT tokens if Alameda fails to provide evidence that it continues to hold BIT tokens as promised. By godbole17
BitDAO's fears perhaps stem from speculation that Alameda is liquidating its other token holdings to defend FTX's native cryptocurrency.
FTTT has dropped 40% to $15 in four days. The FTX-Alameda drama began last week after CoinDesk reported that Alameda held large amounts of FTT tokens on its balance sheet. In response, Binance moved to liquidate its FTT holdings, triggering market panic.to take action, perhaps sell the acquired 3,362,315 FTX tokens, in case Alameda does not offer clarification in 24 hours.
"If this request is not fulfilled, and if sufficient alternative proof or response is not provided, it will be up to the BitDAO community to decide how to deal with the $FTT in the BitDAO Treasury," the
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