FTX bankruptcy estate sells its remaining discounted Solana tokens to Pantera and Figure Markets.
The estate charged with overseeing the FTX bankruptcy has auctioned the last of its highly discounted SOL tokens to Pantera Capital and Figure Markets.) tokens to Pantera Capital and Figure Markets in the now-defunct exchange’s bid to make creditors and former clients whole.the SOL tokens, valued at $2.6 billion, for $102 per token — a steal when compared to SOL’s current market price of $168.
A four-year vesting schedule for the tokens and coins will be implemented as part of FTX’s agreement with purchasers of the discounted assets. Sunil Kavuri, a creditor spearheading the FTX creditor community, took issue with the bankruptcy estate’s selling of assets at deeply discounted prices. Kavuri stated:
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