FTX, the fastest-growing CEX unicorn in crypto history, crashed with a daily trading volume of $66 billion and a total token value of $260 billion. 📉 FTX has started paying compensation to investors and the "ammunition depot" will open soon. 🚀

FTX plans to distribute $160 billion to its creditors. However, some creditors oppose the compensation plan and claim that FTX sold its assets at an underpriced price. 😡

It's been two years since FTX's collapse. Investors will receive compensation of approximately 1.18 times the face value, but will have paid huge time and energy costs.

If according to the current compensation plan, approximately $160 billion of funds will be injected into the crypto market at the beginning of the fourth quarter, which will increase market liquidity and strengthen investor confidence. 📈