Category: FTX
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FTX Bankruptcy Plan – Here’s the recovery rate for each coin
FTX has recently filed it’s widely awaited Chapter 11 bankruptcy exit plan, in this plan we learn exactly how the distributions will work, for customers and some other creditors. The Breakdown (from Thomas Braziel on X): From realized funds alone, enough liquidity is available to cover customer payouts and the variablity (the difference between optimistic…
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Thoughts on FTX 2.0
As one of FTX 1.0’s first users, my thoughts on a potential restart. FTX died nearly 200 days ago and since almost day 1, one of the suggestions to make creditors whole has been a restart of the exchange, often with a BitFinex style recovery token. In this article I aim to investigate the viability…
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FTT Whitepaper
Below I present the unedited original FTT whitepaper. The google doc for this was removed, I’m reposting this as it may be of interest for those wanting to relaunch FTX: Of specific interest, FTT token as originally released was primarily backed by 1/3 FTX revenue. If FTX rising were to double that, they may be…