According to the latest news, FTX plans to fully reimburse creditors' assets. However, bankruptcy lawyers indicate that due to a lack of buyers, the exchange will not restart temporarily. This situation may be related to the Internal Revenue Service (IRS). If the situation continues to develop, FTX will proceed with bankruptcy liquidation procedures, followed by the closure and dissolution of the exchange and its entities, similar to Voyager.
1. After the collapse of FTX, investors are generally concerned about whether the hundreds of millions of FTT tokens will face panic selling and whether FTT tokens may possibly go to zero.
2. Additionally, a focus lies on whether FTX's BTC held in grayscale will continue to be sold off.
3. For the entire market, the collapse of FTX may cause a certain impact on the overall market, especially if investors feel generally uneasy. Whether the market will be affected by emotions, leading to a severe downturn?
In conclusion, the collapse of FTX may bring pressure to BTC and FTT tokens, and investors should remain vigilant and closely monitor market dynamics. Although full reimbursement of creditors' assets is a positive step, the market still needs to be aware of potential negative impacts to devise appropriate investment strategies. #BTC; #Bitcoin