Re: FTX recovered $7.3B in Assets and is considering restarting!
Is this just the usual news recycling or have I missed something in the meantime? The last time I read about "recovered assets" it was about $10 billion and it was the beginning of January of this year...
Are you sure you linked the right article, that one says 5 bill
Quote
FTX Has Recovered 'Over $5B' in Assets, Bankruptcy Attorney Says
Total claims might be at around 10 billion by estimation, if people don't make the claims through the court then there are no assets lost in the books, but still recovered sum grew. How it did so, might be tricky since it might just be because of the value of BTC that increased dramatically but it's still good news for the ones with trapped money there. Even if they recover 75% of their coins that's more than their initial value and let's be honest, the ones that had coins there only cared about their value in $ otherwise they would have held them in their own wallet.
I don't think any old investor will ever trust FTT to the point of putting their money down the second time after losing almost all their initial investment in the last crash in the exchange anditst sister token SOLO which crashed due to the exit scam pulled on investors by the company team.
https://www.coingecko.com/en/coins/terra
Market Cap $354,430,022
24 Hour Trading Vol $30,775,830
You were saying.....
