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FTT token trading volume may rise due to the FTX compensation plan

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2024-05-17 06:49:36
FTX's defunct token, FTT, saw a surge in trading volume following positive news from creditors. FTX last week announced a compensation plan in which 98% of creditors will receive 118% of its allowed claims. On May 8, the day the plan was announced, FTT spot trading volume reached $139 million.