FTX Collapse Silver Lining: Surging Crypto Prices Boost Value of Estate's Holdings, Offering Creditors Hope
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A year after FTX's collapse, its holdings like Solana have surged in value, benefiting creditors.
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FTX's estate now holds $1.6B+ in Solana, which has rallied from $20 to $40 per token.
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If Solana hits $50-$60, creditors may fully recover losses, receiving 80%+ of $10B claims.
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Anthropic, an AI startup backed by FTX, has seen its valuation increase after new funding.
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There's discussion of reopening the FTX exchange to raise more money for creditors.
