Will this FTX news DUMP your Solana gains?!
Read summaryThe bankrupt crypto exchange FTX is set to sell its 41 million Salana tokens at a 68% discount, equating to about $60 per token. This move comes as part of the bankruptcy process to pay off debts and fines. The sale will be done to institutional investors over a 4-year period to minimize market impact. The discount has caused outrage, with many feeling that it is unfair to investors who have been affected by the exchange's wrongdoing. While some see it as an opportunity to buy cheap Salana, others question the legality and ethics of such a sale. The situation highlights the complexities and risks of investing in the crypto market. 💸📉🤔
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