📌#FTX #FTT

Several expected events that are good for FTT are here. If you start with:

1. FTX reaches a claim settlement with the IRS;

(The $22 billion fine is reduced to the market's estimated $3-5 billion)

2. The SBF appeals court successfully reduced the sentence;

(The large sentence of 25 years is unlikely)

3. The official clarifies the value of the creditor's FTT token;

(The value of the debt is vague in the revised reorganization plan)

4. Recover more bankruptcy funds and increase creditor bids;

(For example, today's announcement that a batch of locked $SOL tokens will be auctioned, causing the FTT price to rise by more than 20%);

5. Hold a bankruptcy hearing;

(The bankruptcy court will accept and rule on all key issues surrounding the entire FTX Chapter 11 case process, with at least 20 scheduled this year)

6. FTX Update on the next bankruptcy plan

(After the IRS/CFTC claims are settled, the debtor team will release a new plan, including a creditor compensation plan/liquidation procedure or a sale and reorganization?)

7. The official destroyed about 73% of the remaining $FTT tokens in the treasury;

(FTX Digital Markets Ltd in the Bahamas, refer to Voyager, but the probability is small)

8. Understand Binance's trading methods, welcome to add~

🥲Several of them are not the positives that everyone knows, but they will indeed stimulate FTT to pull the market. In short, follow the expected positives, mainly the band, don't fall in love!

-$FTT