๐Ÿ“ข FTX estate wraps up its $2.6 billion Solana (SOL) token sale! Despite the controversy over selling at a discount, the move is part of their ongoing efforts to compensate creditors and former customers. Pantera Capital and Figure Markets are the lucky buyers. ๐ŸŽ‰

FTX's decision to sell SOL tokens at a steep discount has sparked criticism, with many arguing that the digital assets should have been returned to the creditors. But hey, they've managed to recover a whopping $7.3 billion in assets! ๐Ÿค‘

Despite the initial price drop of 4% following the announcement, Solana's market performance remains strong. The altcoin has been on a steady uptrend since November 2023, demonstrating its resilience.

In a nutshell, FTX's SOL token sale has been a controversial yet significant step in the bankruptcy proceedings. Despite the criticism, they've recovered a substantial amount of assets. The independent investigation cleared the bankruptcy lawyers, but frustrations remain. Meanwhile, Solana's market performance continues to shine. ๐Ÿš€ #FTX #Solana #CryptoNews