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The FTX Disaster is Deeper Than you ThinkAside from its own token�FTT�FTX allowed for the trading of Bitcoin, Ethereum Ripple and Tether, and it even allowed for over trading pairs. FTX has sold 22 million shares worth close to $1 billion in Grayscale Bitcoin Trust (GBTC) since it was converted into an exchange-traded. Founded by Sam Bankman-Fried in , FTX used customer funds to finance political donations, buy real estate and invest in other companies.