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SEC Calls FTT Exchange Token a Security

The complaint against Alameda's Caroline Ellison and FTX's Gary Wang contains allegations that FTX's exchange token, FTT, constitutes an investment contract.

Updated May 9, 2023, 4:05 a.m. Published Dec 22, 2022, 4:25 a.m.
(Leon Neal/Getty Images)
(Leon Neal/Getty Images)