Ftt
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$FTT
#Ftt
Ftt analysis
Ftt is printing higher highs and higher lows.
Buy ftt here targets are marked in my charts.
If you see weekly time frame you can see up is free ait til 21. Decent RR .
Bounced off from bullish order block on smaller time frame and now going up šā¤ļø
Key š levels are marked.
#HalvingHorizons
#BullRunš
Follow for profitable trade setups and educational content. š
#Ftt
Ftt analysis
Ftt is printing higher highs and higher lows.
Buy ftt here targets are marked in my charts.
If you see weekly time frame you can see up is free ait til 21. Decent RR .
Bounced off from bullish order block on smaller time frame and now going up šā¤ļø
Key š levels are marked.
#HalvingHorizons
#BullRunš
Follow for profitable trade setups and educational content. š
Breaking News: Sam bankman fried of FTX has been sentenced to 25 years in prison , Sadly š„ for his involvement in the collapse of FTX exchange ......
This is a sad news but we keep going strong as a crypto community.
Never miss an update on this space follow for regular verified updates .
#Ftt #DOGE #Ftx #Bome #btc
This is a sad news but we keep going strong as a crypto community.
Never miss an update on this space follow for regular verified updates .
#Ftt #DOGE #Ftx #Bome #btc
$FTT FTX Refinances $10 Million Subsidiary with $500K Liquidation
FTX's continued focus on earning cash to settle obligations is a key priority.
A subsidiary of the debtor has filed to sell for $10 million at a steep discount.
The decision was made after FTX decided not to proceed with preparations to revive its failed exchange.
In the face of increasing pressure from creditors and authorities, FTX's CEO John Ray III is determined to repay debtors with cash. The estate of the now-defunct exchange is doing all it can to repay consumers, including looking through old transactions for crumbs and taking advantage of Bitcoin shorts, in order to sell assets at cheap prices.
Aims to Offload DCI Holdings
Terence J. Culver, the original CEO and seller of Digital Custody Inc. (DCI), is providing financing for the sale to CoinList, which is taking place at a steep discount of 95% from the original acquisition price of $10 million in 2021 and 2022. The FTX Debtors estate has filed to sell the subsidiary.
Attorneys for FTX said in the document that DCI planned to act as a custodian for FTX.US and LedgerX. While it was part of the exchange's operations, it was never completely integrated until November 2022, when SBF filed for bankruptcy.
Extract from the motion to sell.
Following the announcement that FTX.US would not be revived, the estate attorneys said that DCI was considered an asset with little value, which led to the decision to sell it. FTX attorneys penned:"DCI is also no longer useful to the Debtorsā business given the Debtorsā sale of LedgerX and that it is unlikely for the Debtors to sell or restart FTX US."
Even FTX's ex-CEO Culver made a bid for DCIāone of three. The potential of the acquisitions to speed up the changeover was a deciding factor for the debtors' estate. If the sale goes through, the debtors' estate will be charged a reverse termination fee of $50,000, although they have a short window to explore other proposals before concluding the contract, as long as the proper committees have authorized it.
#Write2Earn #Ftt
FTX's continued focus on earning cash to settle obligations is a key priority.
A subsidiary of the debtor has filed to sell for $10 million at a steep discount.
The decision was made after FTX decided not to proceed with preparations to revive its failed exchange.
In the face of increasing pressure from creditors and authorities, FTX's CEO John Ray III is determined to repay debtors with cash. The estate of the now-defunct exchange is doing all it can to repay consumers, including looking through old transactions for crumbs and taking advantage of Bitcoin shorts, in order to sell assets at cheap prices.
Aims to Offload DCI Holdings
Terence J. Culver, the original CEO and seller of Digital Custody Inc. (DCI), is providing financing for the sale to CoinList, which is taking place at a steep discount of 95% from the original acquisition price of $10 million in 2021 and 2022. The FTX Debtors estate has filed to sell the subsidiary.
Attorneys for FTX said in the document that DCI planned to act as a custodian for FTX.US and LedgerX. While it was part of the exchange's operations, it was never completely integrated until November 2022, when SBF filed for bankruptcy.
Extract from the motion to sell.
Following the announcement that FTX.US would not be revived, the estate attorneys said that DCI was considered an asset with little value, which led to the decision to sell it. FTX attorneys penned:"DCI is also no longer useful to the Debtorsā business given the Debtorsā sale of LedgerX and that it is unlikely for the Debtors to sell or restart FTX US."
Even FTX's ex-CEO Culver made a bid for DCIāone of three. The potential of the acquisitions to speed up the changeover was a deciding factor for the debtors' estate. If the sale goes through, the debtors' estate will be charged a reverse termination fee of $50,000, although they have a short window to explore other proposals before concluding the contract, as long as the proper committees have authorized it.
#Write2Earn #Ftt
FTX wallet linked to unstaked $23.75M in Solanaā¼ļø
A wallet associated with the bankrupt FTX exchange recently unstaked 177,693 SOL tokens, worth $23.75 million, from Solana, sparking concerns of a potential sell-off. This move follows FTX's earlier sale of Solana assets to institutional investors. Despite these concerns, Solana's price has continued to rise, with a 2.5% increase in the last 24 hours. The wallet still holds a significant amount of SOL, approximately 7.1 million tokens valued at around $953 million, which could impact the market if sold. Meanwhile, FTX's sister company, Alameda Research, has been moving assets to exchanges as part of its liquidation efforts.
#Ftx #Sol #Ftt $FTT $SOL
#Ftx #Sol #Ftt $FTT $SOL
You missed $Ftt #Ftt
Then dont miss this one š
This always follow Ftt . As Ftt pumped 100% + i am bullish on this šŖš„
$VGX buy n hold
Wait for Tuesday šš¤
Then dont miss this one š
This always follow Ftt . As Ftt pumped 100% + i am bullish on this šŖš„
$VGX buy n hold
Wait for Tuesday šš¤
šØšØThe FTX Debtors have announced another major milestone in their chapter 11 cases.
After extensive discussions with the Ad Hoc Committee of Non-US Customers, the Unsecured Creditors Committee and class action plaintiffs, the FTX Debtors have reached a proposed settlement of the customer property disputes.
If approved by the Bankruptcy Court, the settlement will create a special āShortfall Claimā to benefit customers, as previously proposed by the FTX Debtors in July, and facilitate an offer to eligible customers to settle customer preference exposure at an agreed amount.All creditor representatives involved agreed to support a related amended Plan of Reorganization to be filed by 12/16/23šØšØā ļøā ļø
#Ftx #Ftt #DeFiTrends $SOL $ETH $BTC
After extensive discussions with the Ad Hoc Committee of Non-US Customers, the Unsecured Creditors Committee and class action plaintiffs, the FTX Debtors have reached a proposed settlement of the customer property disputes.
If approved by the Bankruptcy Court, the settlement will create a special āShortfall Claimā to benefit customers, as previously proposed by the FTX Debtors in July, and facilitate an offer to eligible customers to settle customer preference exposure at an agreed amount.All creditor representatives involved agreed to support a related amended Plan of Reorganization to be filed by 12/16/23šØšØā ļøā ļø
#Ftx #Ftt #DeFiTrends $SOL $ETH $BTC
My new entry on $LUMIA at $1.306 and $1.321, want to hold it because I'm seeing strength on it because of the rearrangement of #LUMIA and it's future target plus it's expected circulation in the market.
and one more thing I recovered all my losses by #LUMIA (previous day) #Ftt (today) and from #Psg alhamdulillah .
(Follow me guy's, I will provide free signals here.)
and one more thing I recovered all my losses by #LUMIA (previous day) #Ftt (today) and from #Psg alhamdulillah .
(Follow me guy's, I will provide free signals here.)