Monday, June 17, 2024

Hostaged FTX Funds Firesaled for Pennies on the Greenback in OTC Trades Amongst Prospects

by Jeremy

Telegram chats facilitating small over-the-counter (OTC) markets considered by CoinDesk reveal patrons are bidding about $0.10 to $0.15 on the greenback for the locked-up funds, whereas sellers are typically trying to offload their balances at round $0.20 to $0.33.

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