Crypto collapse: FTX’s fall is one piece of a long, cold, contagious crypto winter
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Bankrupt FTX can sell and invest its holdings to pay back investors.
FTX has said its holdings are worth $3.4 billion.
FTX revealed earlier this week that it holds $1.16 billion of solana (SOL) – approximately 16% of the token’s outstanding supply – and about $560 million in bitcoin (BTC). The rest of its holdings consist of lesser known illiquid tokens.
Good luck out there, folks!
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