SBF X Post Dey Challenge FTX Bankruptcy, E Spur FTT Token Rally
Sam Bankman-Fried talk for X say FTX bankruptcy na mistake name be dat and say di exchange only get small wahala with money wey e fit use that time. For one 15-page report, e yarn say FTX get $136 billion for asset — like 58 million SOL, 205,000 BTC, stake for Anthropic and Robinhood plus $1.7 billion for stablecoins — and say 98% of people wey FTX owe money get 120% of wetin dem claim. After dem spend $1 billion for legal kaka, $8 billion still dey left for the estate. E talk tins make FTT token jump reach $0.84 during the day. People wey no gree, like investigator ZachXBT, talk say the how dem value the assets na old price from 2022 and dem no agree say FTX fit pay all im debts. Talk dey for say SBF fit get presidential pardon before dem sentence am on Nov 4, and this one make people dey guess for FTT token market. This new story about FTX bankruptcy fit affect court thing and how people dey trade. This debate also show say crypto governance still get plenty wahala and fit affect how quick dem fit get back money plus how people trust am.
Bullish
SBF challenge for the FTX bankruptcy story plus them show big asset wey dem no see before make FTT token price sharply increase. Di optimistic view, plus talk say president fit pardon, dey support short term better movement. But di legal wahala wey still dey fit hold long term gain if dem late to recover di assets.