FTX Property Stakes 5.5 Million Solana Value $122M
Over 5.5 million Solana (SOL) had been despatched by an FTX-identified pockets to Figment, a staking validator service catering to institutional buyers.
Over 5.5 million Solana (SOL) had been despatched by an FTX-identified pockets to Figment, a staking validator service catering to institutional buyers. This substantial stake, valued at $122 million, represents a small portion of FTX’s whole SOL holdings.
In the meantime, Sam Bankman-Fried, FTX’s co-founder, is dealing with a trial in a Manhattan district court docket on costs of fraud and conspiracy, doubtlessly leading to a 115-year jail sentence if convicted.
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