๐จ Exciting News Alert โ ๏ธ! The estate of bankrupt cryptocurrency exchange FTX is set to sell a whopping 41 million Solana (SOL) for an incredible $7.65 billion to institutional investors, offering a jaw-dropping 68% discount! ๐ฑ This sale aims to compensate customers impacted by FTX's bankruptcy. However, this move has sparked controversy, leading some creditors to file a class action lawsuit against the law firm Sullivan & Cromwell.
Here are some key details to consider:
- FTX held a staggering $10 billion in Solana tokens.
- Neptune Digital Assets seized the opportunity and acquired 26,964 SOL at a rate of $64 per token.
- Investors purchasing discounted SOL tokens will be subject to a 4-year vesting period.
What's your take on this unprecedented situation? Share your thoughts below! ๐
#LUNAUpdate #news2024 #discount #BillionsOfTokens #TipToSupport
