Bankrupt crypto exchange FTX has set a price for crypto payments. Accordingly, he will use a payment price of 16 thousand dollars for Bitcoin and 16 dollars for SOL. Additionally, FTX named Galaxy Asset Management as its sole authorized broker to sell FTX’s crypto portfolio.
FTX announced prices for BTC, ETH, BNB and SOL payments!
cryptokoin.comAs you follow from , FTX has crashed dramatically in recent years. Although more than 1.5 years have passed since the bankruptcy, the bankrupt crypto exchange has still not been able to pay its creditors. The new stock exchange management continues to seek liquidity for payment. Meanwhile, a hot development regarding payments was reported by crypto journalist Wu Blockchain. Accordingly, FTX recently opened a demand window. This demand window includes how many dollars the exchange will refund for which crypto asset. In this context, Wu Blockchain shared the following:
FTX recently opened a demand window and demands for major crypto assets were priced at $16,871 for BTC, $1,258 for ETH, $16.24 for SOL, and $286 for BNB, which is a large gap from the current price.
There is a gap between the prices FTX will pay and current prices. Accordingly, we encounter a table like this:
- Bitcoin payment price is $16,871; The current BTC price is 62 thousand dollars.
- Ethereum payment price is $1,258; The current ETH price is $3,420.
- Binance Coin payment price is $286; The current BNB price is $411.
- Solana checkout price is $16; The current SOL price is $130.
Bankrupt stock market warns against intervention in asset sales
Bankrupt crypto exchange FTX has officially announced investment manager Galaxy Asset Management as the sole authorized broker for FTX Debtors to sell digital assets. The platform also warned against attempts by unauthorized third parties to “solicit offers from buyers on behalf of FTX Borrowers.”
Following FTX’s unexpected crash in November 2022 and the subsequent arrest of its founder Sam Bankman-Fried, the exchange was looking for ways to refund customer funds. FTX emphasized in a court filing that it preferred Galaxy Asset Management to be an advisor to help protect and sell crypto assets. The exchange noted Galaxy’s vast experience in crypto management.
In the recent post, FTX stated that Bankruptcy Court Order no. He reiterated that, pursuant to Bankruptcy Court Order No. 2505, Galaxy Asset Management is the exclusive agent to carry out FTX’s asset sale. In this regard, the exchange stated, “Any offer to sell or solicitation of an offer to buy will be made by Galaxy Asset Management only to interested parties who are institutional buyers or in accordance with applicable law.” said.
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