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FTX (cryptocurrency exchange) - Footnote 24

partial85% confidence

1 evidence check

Last checked: 4/3/2026

The claim states that transaction fees were the *primary* revenue source, but the source doesn't explicitly state this. The claim mentions tiered fee structures through a VIP program, but the source only mentions that high-volume traders can qualify for lower fees, not necessarily a formal VIP program.

Evidence — 1 source, 1 check

partial85%Haiku 4.5 · 4/3/2026
Found: The exchange charged transaction fees as its primary revenue source and offered tiered fee structures through its VIP program, with high-volume traders receiving preferential rates.

Note: The claim states that transaction fees were the *primary* revenue source, but the source doesn't explicitly state this. The claim mentions tiered fee structures through a VIP program, but the source only mentions that high-volume traders can qualify for lower fees, not necessarily a formal VIP program.

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Record type: citation

Record ID: page:ftx:fn24