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Coin Edition 2023-09-12 08:23:18

FTX’s Planned Liquidation of $3.4 Billion Crypto: FUD or Reality?

The crypto market plugged into a deeper bearish trend after revelations that the bankrupt FTX exchange could liquidate billions of dollars worth of crypto assets. Specifically, a recent report from Bloomberg revealed that administrators overseeing FTX’s assets have recovered approximately $7 billion. Out of the recovered lump sum, $3.4 billion is comprisedof cryptocurrencies. The report The post FTX’s Planned Liquidation of $3.4 Billion Crypto: FUD or Reality? appeared first on Coin Edition .

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