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FTX, which developed a penchant for bailing out troubled crypto firms, saw investors express concerns about its financial health that led its token FTT to shed another 50% on Wednesday after wiping out 72% a day earlier.
“For the avoidance of doubt, Gemini has no exposure to FTT tokens or Alameda and no material exposure to FTX,” Winklevoss wrote in a tweet on Wednesday.
Gemini joins cryptocurrency exchange Coinbase (NASDAQ:COIN) Global Inc which also pacified investors on Tuesday.
