Changpeng Zhao, the founder of Binance, said in an article that liquidating FTT is only a risk management measure after exit, which is the experience we have learned from LUNA. We have been supportive before but do not want to maintain any relationship in the future. We are not against anyone, but will not support those who are lobbying against other industry players behind their backs.
In response to user questions, Changpeng Zhao said that Binance’s holding of FTT is not due to a lock-up period. We previously held these tokens voluntarily, which removed any suspicion that we would attack “competitors.” But the holding time is limited and will not be held forever.