A few days ago on the 11th, there were reports released that FTX recovered about $5B. Good news no doubt. Hopefully, this means customers can actually get at least 50% of that they had, considering they were missing around $8B. However, it is a bitter-sweet moment as only a few days around the 15th(today for some, tomorrow for others) after the FTT token shot up to 2x its value it was day they said they recovered the 5B.
FTX court filings dated December 30th indicate that FTX holds at least 195 Million FTT tokens. It is likely that the FTT tokens were sold to make up the 5B, and would amount to around 420M today. Of course, timing the market is hard but it's just difficult to see FTX customers can't get a clean stroke of good luck.
https://www.washingtonpost.com/business/2023/01/11/ftx-recovers-5-billion/
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