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FTX Token Drops 10% as Former Executive Begins Prison Term

  • The FTX token recorded a 10.18% drop in price in the last 24 hours.
  • Former FTX executive Ryan Salame began his prison term on October 7.
  • The FTX token showed significant drops, trading at $2.24 after starting the day at $2.48.
  • Ryan Salame, the former FTX executive, pleaded guilty to unlawful campaign donations, receiving a prison sentence of seven and a half years.

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