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Binet says it will liquidate its entire position in the FTX of course is used by its competitor FTX joining us with more is Yahoo finance is David Hollerith and David this is part of binanceamp;#39;s um exit from fpx but whatamp;#39;s the impact likely to be on users yeah at Kiko you know right now as of the announcement that uh bianceamp;#39;s CEO CZ made yesterday uh the ftt which is sort of the crypto exchange for rival crypto exchange FTX has sagged about 5.6 percent uh which is you know not very substantial it is a smaller itamp;#39;s about a four billion dollar market cap so uh you know weamp;#39;re not seeing a huge impact there um but the larger situation is that uh binanceamp;#39;s CEOs come out as saying that um thereamp;#39;s some sort of risk surrounding the and itamp;#39;s due to recent Revelations which is sort of cryptic now binance wonamp;#39;t offer any more comments beyond what CZ has said over Twitter and heamp;#39;s he set a fair amount about the ftt uh bu
