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Friday, July 5, 2024
bitcoin
Bitcoin (BTC) $ 57,085.29
ethereum
Ethereum (ETH) $ 3,078.81
tether
Tether (USDT) $ 0.995384
bnb
BNB (BNB) $ 509.72
usd-coin
USDC (USDC) $ 0.999084
xrp
XRP (XRP) $ 0.425985
binance-usd
BUSD (BUSD) $ 0.978563
dogecoin
Dogecoin (DOGE) $ 0.101795
cardano
Cardano (ADA) $ 0.350865
solana
Solana (SOL) $ 126.45
matic-network
Polygon (MATIC) $ 0.477117
polkadot
Polkadot (DOT) $ 5.41
tron
TRON (TRX) $ 0.126152
HomeFinanceFTX’s $3.4B crypto liquidation: What it means for crypto markets
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FTX’s $3.4B crypto liquidation: What it means for crypto markets

The FTX chapter lawsuit reached a key juncture within the second week of September after america Chapter Courtroom for the District of Delaware accredited the sale of $3.4 billion value of crypto belongings.

The court docket additionally accredited $1.3 billion in brokerage and government-recovered belongings as a part of the liquidation course of, with $2.6 billion in money bringing the whole tally to $7.1 billion in liquid belongings.

Graph from a stakeholder replace outlining the value of belongings primarily based on Aug. 31 costs. Supply: United States Chapter Courtroom
unlocking schedule. Supply: An Ape’s Prologue/X

Proceed Studying on Coin Telegraph

See also  This Sensible and Worthwhile Ethereum (ETH) Whale Makes Strategic Strikes
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