Covalent has fully acquired all CQT tokens sold by the bankruptcy trustee of FTX
Golden Finance reported that Ganesh Swami, co-founder of Covalent, a blockchain data query and indexing platform, said that as of April 26, 2024, Covalent had fully acquired all CQT tokens held by FTX estate. The private buyer purchased these assets a month ago and has been selling them on the open market, which has had a negative impact on CQT. Last week, Covalent contacted the buyer and conducted a private sale of the entire remaining CQT.
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