Hostaged FTX Funds Firesaled for Pennies on the Dollar in OTC Trades Among Customers

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Hostaged FTX Funds Firesaled for Pennies on the Dollar in OTC Trades Among Customers

Telegram chats facilitating small over-the-counter (OTC) markets viewed by CoinDesk reveal buyers are bidding about $0.10 to $0.15 on the dollar for the locked-up funds, while sellers are generally looking to offload their balances at around $0.20 to $0.33. www.coindesk.com

Telegram chats facilitating small over-the-counter (OTC) markets viewed by CoinDesk reveal buyers are bidding about $0.10 to $0.15 on the dollar for the locked-up funds, while sellers are generally looking to offload their balances at around $0.20 to $0.33.

www.coindesk.com