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BitDAO’s BIT Token Drops 20%, The Firm Blames FTX-Alameda For The Dump

Author: Sohrab Khawas

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    The FTX-Alameda drama is taking new turns everyday and today after DAO’s BIT token plunged by 20%, BitDAO, leading decentralized autonomous organizations (DAO) has entered the show. The BitDAO community which is majorly supported by Bybit and Pantera has asked Alameda to provide data that shows the firm still holds 100 million BIT. The firm had purchased the said tokens in Nov 2021 after converting 3.36 million FTT tokens.

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