Post
Topic
Board Speculation
Re: FTX recovered $7.3B in Assets and is considering restarting!
by
stompix
on 17/04/2023, 14:31:09 UTC
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.

Getting confusing, not that it matters anymore but my understating of this mess before was like this
- somewhere between 7-11 billion claimed to have been lost when FTX when insolvent
- 5 billion recovered by January
- 7.3 total recovered by now

But I guess all those numbers are irrelevant, since even the reimbursement (if one) will take more into account the value then and the value now, and how the trustee (again, if one appointed) will decide how this will be made, coins or fiat!

~

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.

Speaking of, I've never managed to get any info on how many BTC were there, all news all report lump the sum in one, I'm really curious about this, wonder if it's at least 20% BTC and less than 80% shitcoins.