The Solana Foundation announced its FTX account holdings: still holding approximately 3.43 million FTT and 134.54 million SRM and other assets

2022-11-15 01:24:47
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ChainCatcher news, the Solana Foundation officially disclosed information related to FTX, stating that as of November 14, 2022, its assets in the FTX.com account included (as of November 6, when FTX.com stopped processing withdrawals): approximately 3.24 million shares of FTX Trading LTD common stock, approximately 3.43 million FTT Tokens, and approximately 134.54 million SRM Tokens.

In addition, as of November 10, 2022, the total exposure value of Solana-based assets affected by the Sollet custody bridge was approximately $40 million, with the status of the underlying assets currently unknown.

Previously, ChainCatcher reported that according to the announcement on the Sollet interface, soBTC issued by FTX or Alameda on Solana is currently not redeemable, and the trading price has plummeted. All wrapped token assets on the Solana chain are custodied by FTX/Alameda Research. (Source link)

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