Analyst: FTX creditors will receive $12 billion to $16 billion in cash compensation this October-November, expected to be a buying force
Tom Dunleavy, managing partner at MV Capital and former senior analyst at Messari, said that FTX will provide $12 billion to $16 billion in cash to creditors this October and November. Based on this it is believed that this is all buying power.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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