Sam Bankman-Fried Tweets FTX ‘Assets Are Fine’; OpenSea Reveals Plans for NFT Royalties

As speculation mounted over the weekend about the solvency of Sam Bankman-Fried’s FTX cryptocurrency exchange, the CEO tweeted on Monday, “FTX is fine. Assets are fine.” Last week, CoinDesk published an article revealing that the balance sheet of FTX sister company Alameda Research was loaded with FTX’s native exchange token FTT, with Alameda CEO Caroline Ellison and Binance’s It sparked a war of words between CEO Changpeng “CZ” Zhao. Plus, take a closer look at his OpenSea outlook on NFT creator royalties.