Post
Topic
Board Speculation
Re: FTX recovered $7.3B in Assets and is considering restarting!
by
Lucius
on 17/04/2023, 14:17:52 UTC
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.

Actually, I meant the total amount that was talked about, and it was specifically mentioned by the OP in this thread, where the link actually comes from. Generally speaking, at the beginning of the year there was talk of about $10 billion, now it is a little more than $7 billion, and I honestly doubt that this is the last amount that will be talked about.

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.

Maybe they would do it if they were able to take such a step, but most people who invest in Bitcoin for one reason or another do not understand it more than a number that shows the current value.