Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.
FTX is selling the stake as part of its bankruptcy proceedings to repay its creditors, who lost billions due to its collapse.
Mike Dalton 3 min read 
John Ray III reveals FTX had only 105 BTC left against 100,000 customer entitlements at the time of bankruptcy.
SBF defense argued that no tangible losses occurred. So, they are seeking a reduced 78 month sentence instead.
The prosecution argued that SBF's punishment should match the severity of his crime, which was the biggest financial fraud in US history.
Pantera aims to add $250 million worth of SOL to their portfolio from FTX.
The failed lender will recieve $250 million immediately after FTX's bankruptcy plan is confirmed and goes effective.
The FTX founder Sam Bankman-Fried is also reportedly offering crypto advice from behind bars to prison guards.
FTX has been actively divesting various assets as part of its bankruptcy process.
The sale is expected to add over $1 billion to assets earmarked for repaying creditors.
