Ren Protocol told to transfer all assets to FTX debtors
Ren Protocol, which rose to popularity in crypto’s 2021 bull run, has announced that all assets and shares will be sent to cold wallets controlled by FTX debtors for safeguarding in case it shuts down. The DeFi protocol was acquired just over a year ago by Sam Bankman-Fried’s crypto trading firm, Alameda Research. The move was intended to “expedite the decentralisation of its technologies,”…
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