An allege of a large portion of Alameda's assets were in FTX self-created tokens.
A sudden announcement of Binance will sell all of its FTX tokens causes public concern of FTX's stability.
The CEO of FTX, Sam Bankman-Fried ask Binance for a bailout, but Binance rejected and citing evidence of mishandling corporate funds and allege improper practices of using customer funds for trading.
On Novemeber 11th, 2022, FTX filed for backruptcy.