šŸ‘‰ $FTT – The Token That Even CZ Walked Away From

I still remember when $FTT looked unstoppable — until it all came crashing down. The fall wasn’t just about Sam Bankman-Fried and FTX, it was about a token that had no real foundation. It was collateral, hype, and ego wrapped into one, and when the truth came out, it collapsed overnight.

The turning point was when CZ stepped in. Binance had once backed FTX, even holding billions in $FTT . But after red flags started piling up, CZ announced he was liquidating their bags. That single decision exposed how fragile the token really was and sent shockwaves through the entire market.

But here’s the lesson — even CZ wasn’t perfect in this story. Binance had been holding FTT for too long, and when the exit finally happened, it accelerated the collapse that wrecked countless retail traders. The takeaway? Trust in crypto can vanish in seconds, and waiting until the fire’s already burning to act only makes the damage worse.

For me, FTT stands as a reminder: don’t build trust on personalities or hype. A token backed by one empire, one man, or one exchange isn’t strong — it’s dangerous. And when the biggest players finally decide to walk away, it’s always the smaller ones who pay the price.