Solana Co-Founder Anatoly Yakovenko Says FTX’s SOL Tokens Should Be Distributed to Ex-Customers - The Daily Hodl

Solana co-creator Anatoly Yakovenko suggests that the SOL tokens held by FTX should be distributed to the exchange's former customers, benefiting both the users and the Solana network, rather than going through a lengthy legal process.

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Relevant topic timeline:

9/1/2023

Solana Co-Founder Says FTX's SOL Should Be Distributed to Customers - Decrypt

Collapsed crypto exchange FTX's new management is potentially planning to sell its large holdings of Solana (SOL) cryptocurrency, prompting Solana co-founder Anatoly Yakovenko to suggest distributing the SOL to ex-FTX customers as a "win-win" solution.

9/4/2023

FTX wallet shifts $10M in crypto, sparking fear of token dumps to come

FTX's transfer of $10 million worth of digital assets from the Solana network to Ethereum has raised concerns about potential token dumps amid the exchange's bankruptcy proceedings.

9/11/2023

Solana Price Drops Amid Concerns FTX May Sell Holdings

The price of Solana (SOL) has dropped over 6% in the last 24 hours due to concerns that bankrupt crypto exchange FTX may sell off significant amounts of SOL and other Solana-based tokens, totaling $128 million, on the market.

9/11/2023

FTX Bankruptcy Filing Reveals $3.4B Crypto Portfolio Heavy in Solana and Illiquid Assets

FTX, the failed crypto exchange, owns $1.16 billion worth of Solana (SOL) tokens, which represents over one-third of its total liquid crypto portfolio.